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PRICO realizes net loss of JD0.12 million in 9M 2019

2019-11-06

According to the financial statements of Palestine Real Estate Investment Company PRICO for the first nine months of 2019, Net Loss after tax of the period reached (119,168) JD Compared with Net Loss after tax (396,719) JD for 2018, a net decrease in loss of 69.96%.Total assets of the company reached 96,015,893 JD compared with total assets of 91,858,446 JD at the end of year 2018, a net increase of 4.53%.Total liabilities of the company reached 45,531,638 JD compared with total liabilities of 43,008,182 JD at the end of year 2018, a net increase of 5.86%. Net ownership equity of the company reached 50,484,255 JD (Including Non-Controlling Interests of 5,033,975 JD) compared with total owner equity of 48,850,264 JD (Including Non-Controlling Interests of 3,336,525 JD) at the end of year 2018, a net increase of 3.34%.