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PRICO realizes net loss of JD13.49 million at the end of 2017

2018-02-19

According to the financial statements of Palestine Real Estate Investment PRICO for the year 2017, Net Loss after tax of the period reached (13,487,402) JD Compared with Net Loss after tax (2,986,759) JD for 2016, a net increase in loss of 351.57%.Total assets of the company reached 102,088,504 JD compared with total assets of 118,507,510 JD at the end of year 2016, a net decrease of 13.85%.Total liabilities of the company reached 42,907,709 JD compared with total liabilities of 45,554,834 JD at the end of year 2016, a net decrease of 5.81%. Net ownership equity of the company reached 59,180,795 JD (Including Non-Controlling Interests of 3,230,839 JD) compared with total owner equity of 72,952,676 JD (Including Non-Controlling Interests of 3,139,185 JD) at the end of year 2016, a net decrease of 18.88%.