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PID records net income of JD0.05 million in 9M2015

2015-10-29

According to the financial statements of Palestine Investment and Development Company PID for the first nine months of 2015, Net profit after tax of the period reached 49,077 JD Compared with Net profit after tax 40,124 JD for 2014, a net increase in profit of 22.31%.Total assets of the company reached 3,160,415 JD compared with total assets of 3,113,002 JD at the end of year 2014, a net increase of 1.52%.Total liabilities of the company reached 51,208 JD compared with total liabilities of 52,872 JD at the end of year 2014, a net decrease of 3.14%. Net ownership equity of the company reached 3,109,207 JD compared with total owner equity of 3,060,130 JD at the end of year 2014, a net increase of 1.60%.