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WASSEL reports net income of 0.07 million in H1 2017

2017-08-16

According to the financial statements of Palestinian Company for Distribution and Logistics Services WASSEL for the 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 Non-Controlling Interests of -60,952 USD) compared with total owner equity of 7,405,992 USD (Including Non-Controlling Interests of -63,202 USD) at the end of year 2016, a net increase of 0.99%.