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$138.5 million the profits of the listed companies in H1 2015

2015-08-31

First half financial results showed that thirty five of forty nine listed companies achieved a net profit of 151,845,742 USD a growth of 2.30% comparing to the same period in 2014, the thirteen loss making companies recorded a total loss of 13,351,815 USD.  One company failed to disclose within the set deadline. The First half aggregated net profits amounted to 138,493,926 USD a decline of 6.23% compared with the same period of 2014. Mr. Ahmad Aweidah, CEO of PEX stated that Palestinian listed companies were always able to withstand our challenging political environment and continue to achieve growth despite the difficulties in their operating environment. He added that Palestine exchange is currently one of the most stable exchanges in the MENA region.