Palestine Exchange: 6 listed companies disclose their interim financial statements for the First Half of 2017

2017-08-17
A- A+
 Donia Al watan

The Palestine Exchange (PEX) received the interim financial statements for the First Half of 2017 from 6 listed companies.

DAR AL-SHIFA PHARMACEUTICALS

According to company data for the first six months of the year, net profit after taxes reached 728,356 USD, compared with a net profit after taxes of 1,762,137 USD from the first six months of 2016, a net decrease of 58.7%.Total assets of the company reached 52,280,595 USD as of June 30th, 2017, compared to total assets of 49,268,816 USD as of December 31st, 2016, a net increase of 6.1%. Total liabilities of the company reached 25,490,858 USD as of June 30th, 2017, compared to total liabilities of 23,839,274 USD as of December 31st, 2016, a net increase of 12.6%. Net ownership equity of the company reached 26,789,737 USD  as of June 30th, 2017, compared with a net ownership equity of 25,429,542 USD as of December 31st, 2016, a net increase of 5.3% in the last six months.

PALESTINIAN COMPANY FOR DISTRIBUTION & LOGISTICS SERVICES

The Palestine Exchange (PEX) received the Reviewed & Consolidated interim financial statements for first half of 2017 from PALESTINIAN COMPANY FOR DISTRIBUTION & LOGISTICS SERVICES(WASSEL).

According to financial statements for first half of 2017, Net profit after tax of the period reached 73,134 USD Compared with Net profit after tax 72,582 USD for 2016, a net increase in profit of 0.76%.Total assets of the company reached 12,907,283 USD compared with total assets of 12,128,279 USD at the end of year 2016, a net increase of 6.42%.Total liabilities of the company reached 5,428,157 USD compared with total liabilities of 4,722,287 USD at the end of year 2016, a net increase of 14.94%. Net ownership equity of the company reached 7,479,126 USD (Including None-Controlling Interests of -60,952 USD) compared with total owner equity of 7,405,992 USD (Including None-Controlling Interests of -63,202 USD) at the end of year 2016, a net increase of 0.99%.

THE ARAB HOTELS

The Palestine Exchange (PEX) received the Reviewed interim financial statements for first half of 2017 from THE ARAB HOTELS(AHC).

According to financial statements for first half of 2017, Net Loss after tax of the period reached (862,413) JD Compared with Net Loss after tax (594,651) JD for 2016, a net increase in loss of 45.03%.Total assets of the company reached 28,795,896 JD compared with total assets of 29,153,852 JD at the end of year 2016, a net decrease of 1.23%.Total liabilities of the company reached 13,795,826 JD compared with total liabilities of 13,291,369 JD at the end of year 2016, a net increase of 3.79%. Net ownership equity of the company reached 15,000,070 JD compared with total owner equity of 15,862,483 JD at the end of year 2016, a net decrease of 5.44%.

THE RAMALLAH SUMMER RESORTS

The Palestine Exchange (PEX) received the Reviewed & Consolidated interim financial statements for first half of 2017 from THE RAMALLAH SUMMER RESORTS(RSR).

According to financial statements for first half of 2017, Net profit after tax of the period reached 218,862 JD Compared with Net profit after tax 153,445 JD for 2016, a net increase in profit of 42.63%.Total assets of the company reached 14,656,916 JD compared with total assets of 14,520,337 JD at the end of year 2016, a net increase of 0.94%.Total liabilities of the company reached 2,279,628 JD compared with total liabilities of 2,083,161 JD at the end of year 2016, a net increase of 9.43%. Net ownership equity of the company reached 12,377,288 JD compared with total owner equity of 12,437,176 JD at the end of year 2016, a net decrease of 0.48%.

PALESTINE DEVELOPMENT & INVESTMENT

The Palestine Exchange (PEX) received the Reviewed & Consolidated interim financial statements for first half of 2017 from PALESTINE DEVELOPMENT & INVESTMENT(PADICO).

According to financial statements for first half of 2017, Net profit after tax of the period reached 7,459,000 USD Compared with Net profit after tax 13,523,000 USD for 2016, a net decrease in profit of 44.84%.Total assets of the company reached 866,508,000 USD compared with total assets of 842,176,000 USD at the end of year 2016, a net increase of 2.89%.Total liabilities of the company reached 331,667,000 USD compared with total liabilities of 305,158,000 USD at the end of year 2016, a net increase of 8.68%. Net ownership equity of the company reached 534,841,000 USD (Including None-Controlling Interests of 101,306,000 USD) compared with total owner equity of 537,018,000 USD (Including None-Controlling Interests of 100,321,000 USD) at the end of year 2016, a net decrease of 0.41%.

PALESTINE REAL ESTATE INVESTMENT

The Palestine Exchange (PEX) received the Reviewed & Consolidated interim financial statements for first half of 2017 from PALESTINE REAL ESTATE INVESTMENT(PRICO).

According to financial statements for first half of 2017, Net Loss after tax of the period reached (1,284,386) JD Compared with Net Loss after tax (402,522) JD for 2016, a net increase in loss of 219.08%.Total assets of the company reached 118,362,148 JD compared with total assets of 118,507,510 JD at the end of year 2016, a net decrease of 0.12%.Total liabilities of the company reached 46,390,917 JD compared with total liabilities of 45,554,834 JD at the end of year 2016, a net increase of 1.83%. Net ownership equity of the company reached 71,971,231 JD (Including None-Controlling Interests of 3,360,615 JD) compared with total owner equity of 72,952,676 JD (Including None-Controlling Interests of 3,139,185 JD) at the end of year 2016, a net decrease of 1.35%.
Comments