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PALTEL posts net income of JD31.22 million in 9M 2024

2024-11-13

According to the financial statements of Palestine Telecommunications PALTEL for the first nine months of 2024, Net profit after tax of the period reached 31,221,000 JD Compared with Net profit after tax 37,123,000 JD for 2023, a net decrease in profit of 15.90%.Total assets of the company reached 497,917,000 JD compared with total assets of 514,119,000 JD at the end of year 2023, a net decrease of 3.15%.Total liabilities of the company reached 292,733,000 JD compared with total liabilities of 298,778,000 JD at the end of year 2023, a net decrease of 2.02%. Net ownership equity of the company reached 205,184,000 JD (Including Non-Controlling Interests of 261,000 JD) compared with total owner equity of 215,341,000 JD (Including Non-Controlling Interests of 170,000 JD) at the end of year 2023, a net decrease of 4.72%.