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PSE posts net income of $0.28 million in 9M 2014

2014-10-22

According to Palestine Securities Exchange Company PSE’s data for the first nine months of the year, net profit after taxes reached 277,376 USD, compared with a net loss of (402,814) USD from the first nine months of 2013. Total assets of the company reached 11,661,548 USD as of September 30^th, 2014, compared to total assets of 11,366,673 USD as of December 31^st, 2013, a net increase of 2.6%. Total liabilities of the company reached 1,267,718 USD as of September 30^th, 2014, compared to total liabilities of 1,303,913 USD as of December 31^st, 2013, a net decrease of 2.8%. Net ownership equity of the company reached 10,393,830 USD as of September 30^th, 2014, compared with a net ownership equity of 10,062,760 USD as of December 31^st, 2013, a net increase of 3.3% in the first nine months.