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Palestine Real Estate Investment Company (PRICO) earns a pretax income of JD 486 thousand in the first quarter of 2010

2010-05-02

Palestine Real Estate Investment Company (PRICO) 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 486,225 comparing to a pretax income of JD 57,929 in the first quarter of 2009. The company’s assets reached 87,594,319 at the end 31/03/2010 after they reached JD 81,079,100 on 31/12/2009. Total liabilities reached JD 24,128,332 at the end of the first quarter of 2010 comparing to JD 18,120,536 as of 31/12/2009. Shareholders’ equity reached JD 63,465,987  on 31/03/2010 after they reached JD 62,958,564 at the end of 2009.