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PRICO realizes net loss of JD0.17 million in Q1 2021

2021-06-01

According to the financial statements of Palestine Real Estate Investment PRICO for the 1st Quarter of 2021, Net Loss after tax of the period reached (172,265) JD Compared with Net Loss after tax (289,667) JD for 2020, a net decrease in loss of 40.53%.Total assets of the company reached 76,185,535 JD compared with total assets of 77,356,135 JD at the end of year 2020, a net decrease of 1.51%.Total liabilities of the company reached 37,641,893 JD compared with total liabilities of 38,640,190 JD at the end of year 2020, a net decrease of 2.58%. Net ownership equity of the company reached 38,543,642 JD (Including Non-Controlling Interests of 4,446,236 JD) compared with total owner equity of 38,715,945 JD (Including Non-Controlling Interests of 4,370,950 JD) at the end of year 2020, a net decrease of 0.45%.