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PRICO realizes net loss of JD3.96 million at the end of 2018

2019-02-18

According to the financial statements of Palestine Real Estate Investment PRICO for the year 2018, Net Loss after tax of the period reached (3,960,973) JD Compared with Net Loss after tax (13,631,771) JD for 2017, a net decrease in loss of 70.94%.Total assets of the company reached 92,890,877 JD compared with total assets of 101,730,926 JD at the end of year 2017, a net decrease of 8.69%.Total liabilities of the company reached 43,746,441 JD compared with total liabilities of 42,736,432 JD at the end of year 2017, a net increase of 2.36%. Net ownership equity of the company reached 49,144,436 JD (Including Non-Controlling Interests of 3,341,017 JD) compared with total owner equity of 58,994,494 JD (Including Non-Controlling Interests of 3,244,161 JD) at the end of year 2017, a net decrease of 16.70%.