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NIC’s Disclosure of Financial Statements for the 3rd Quarter of 2007

2007-10-30

NIC’s Disclosure of Financial Statements for the 3rd Quarter of 2007

Palestine Securities exchange market received audited financial statements from the internal auditor in NIC as in 30/9/2007 ,This disclosure system grants a 1 month period to release the third quarter disclosure statements of this year.Also data on the company for the third quarter of this year points that the net profit reached to $1,869,130 in comparison with $831,404 in the third quarter in year 2006, and the total assets of the company has increased to $44,973,255 where it was $43,601,959 on the third quarter of the year 2006. It notes that the total liabilities have also increased to $32,710,077 compared to $31,942,755 in the same period of 2006, and net shareholders rights increased to $11,659,204 to $12,263,178 at the end of the third quarter of this year comparing with the same period in 2006 .

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