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WASSEL posts net income of $0.60 million in 9M 2024

2024-11-13

According to the financial statements of the Palestinian Company for Distribution and Logistics WASSEL for the first nine months of 2024, Net profit after tax of the period reached 598,538 USD Compared with Net profit after tax 533,148 USD for 2023, a net increase in profit of 12.26%.Total assets of the company reached 17,053,652 USD compared with total assets of 17,346,219 USD at the end of year 2023, a net decrease of 1.69%.Total liabilities of the company reached 7,931,071 USD compared with total liabilities of 8,329,526 USD at the end of year 2023, a net decrease of 4.78%. Net ownership equity of the company reached 9,122,581 USD (Including Non-Controlling Interests of -22,564 USD) compared with total owner equity of 9,016,693 USD (Including Non-Controlling Interests of -27,795 USD) at the end of year 2023, a net increase of 1.17%.