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PIIC records net income of JD3.89 million in H1 2018

2018-08-28

According to the financial statements of Palestine Industrial Investment PIIC for the first half of 2018, Net profit after tax of the period reached 3,892,777 JD Compared with Net profit after tax 3,329,072 JD for 2017, a net increase in profit of 16.93%.Total assets of the company reached 78,696,023 JD compared with total assets of 76,694,510 JD at the end of year 2017, a net increase of 2.61%.Total liabilities of the company reached 29,602,177 JD compared with total liabilities of 28,756,763 JD at the end of year 2017, a net increase of 2.93%. Net ownership equity of the company reached 49,093,846 JD (Including Non-Controlling Interests of 8,444,055 JD) compared with total owner equity of 47,937,747 JD (Including Non-Controlling Interests of 9,148,478 JD) at the end of year 2017, a net increase of 2.41%.