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Palestine Mortgage & Housing Corporation (PMHC) achieved a pretax income of $0.06 million for Q1 2013

2013-04-16

According to company data for the first three months of the year, net profit before tax reached 63,367 USD, compared with a net profit before tax of 52,489 USD from the first three months of 2012, a net increase of 20.7%. Total assets of the company reached 37,313,790 USD as of March 31^st, 2013, compared to total assets of 37,530,033 USD as of December 31^st, 2012, a net decrease of 0.6%. Total liabilities of the company reached 15,811,534 USD as of March 31^st, 2013, compared to total liabilities of 16,057,190 USD as of December 31^st, 2012, a net decrease of 1.5%. Net ownership equity of the company reached 21,502,256 USD as of March 31^st, 2013, compared with a net ownership equity of 21,472,843 USD as of December 31^st, 2012, a net increase of 0.1% in the first three months.