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PICO posts net income of $1.82 million in 9M 2024

2024-11-06

According to the financial statements of Palestine Insurance Company PICO for the first nine months of 2024, Net profit after tax of the period reached 1,821,109 USD Compared with Net profit after tax 984,992 USD for 2023, a net increase in profit of 84.89%.Total assets of the company reached 76,628,099 USD compared with total assets of 66,569,565 USD at the end of year 2023, a net increase of 15.11%.Total liabilities of the company reached 62,672,572 USD compared with total liabilities of 54,112,921 USD at the end of year 2023, a net increase of 15.81%. Net ownership equity of the company reached 13,955,527 USD (Including Non-Controlling Interests of 0 USD) compared with total owner equity of 12,456,644 USD (Including Non-Controlling Interests of 0 USD) at the end of year 2023, a net increase of 12.03%.

 


 

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