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Palestine’s PSE posts its financials in 9M

Palestine’s PSE posts its financials in 9M
PSE
PSE
-4.47% 2.35 -0.11
Palestine Securities Exchange Company (PSE) announced its reviewed interim condensed financial results to the Palestine Exchange (PEX).

According to PSE data for the first nine months of the year, net profit after taxes amounted to $277.37 THD, against a net loss of $402.81 THD from the first nine months of 2013.

Total liabilities of the company recorded $1.26 million as at September 30, 2014, compared to $1.3 million by December 31, 2013, dropping by 2.8%.Total assets of the company stood at $11.66 million as at September 30, 2014, against $11.36 million by December 31, 2013, rising 2.6%.

Net ownership equity of the company reached $10.39 million by September 30, 2014, compared to $10.06 million as at December 31, 2013, recording a rise by 3.3% in the first nine months of 2014.