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PSE records net income of $0.31 million in H1 2014

2014-08-10

According to Palestine Securities Exchange Company PSE’s data for the first six months of the year, net profit after taxes reached 307,264 USD, compared with a net loss of (286,674) USD from the first six months of 2013. Total assets of the company reached 11,832,748 USD as of June 30^th, 2014, compared to total assets of 11,366,673 USD as of December 31^st, 2013, a net increase of 4.1%. Total liabilities of the company reached 1,458,525 USD as of June 30^th, 2014, compared to total liabilities of 1,303,913 USD as of December 31^st, 2013, a net increase of 11.9%. Net ownership equity of the company reached 10,374,223 USD as of June 30^th, 2014, compared with a net ownership equity of 10,062,760 USD as of December 31^st, 2013, a net increase of 3.1% in the last six months.