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Palestine Industrial Investment Company earns a pretax income of JD1.298 million in the first quarter of 2010


Palestine Industrial Investment Company (PIIC) disclosed its financial statements for the first quarter of 2010, and the company’s financial results as of 31/03/2010 indicated a pretax income of JD 1,298,441 comparing to JD 429,174 in the first quarter of 2009. The company’s assets reached JD 36,227,908 at the end 31/03/2010 after they reached JD 34,920,070 on 31/12/2009. Total liabilities reached JD 8,098,715 at the end of the first quarter of 2010 comparing to JD 8,413,576 as of 31/12/2009. Shareholders’ equity reached JD 28,129,193 (minority interests of JD 4,262,683) on 31/03/2010 after they reached JD26,506,494 (minority interests of JD 4,036,768) at the end of 2009. 


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