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Palestine Industrial Investment PIIC earns a pretax income of JD3.31 million in the third quarter of 2010

2010-10-14

Palestine Industrial Investment Company (PIIC) disclosed its financial statements for the third quarter of 2010, and the company’s financial results as of 30/09/2010 indicated a pretax income of JD 3.31 million  comparing to JD 1.93 million in the third quarter of 2009. The company’s assets reached JD 39.42 million at the end 30/09/2010 after they reached JD 34.92 million on 31/12/2009. Total liabilities reached JD 9.33 million at the end of the third quarter of 2010 comparing to JD 8.41 million as of 31/12/2009. Shareholders’ equity reached JD 30.10 million (minority interests of JD 4.61 million) on 30/09/2010 after they reached JD 26.50 million (minority interests of JD 4.03 million) at the end of 2009.