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TIC posts net income of $1.37 million in 9M 2024

2024-11-14

According to the financial statements of Al-Takaful Palestinian Insurance Company TIC for the first nine months of 2024, Net profit after tax of the period reached 1,373,159 USD Compared with Net profit after tax 1,388,896 USD for 2023, a net decrease in profit of 1.13%.Total assets of the company reached 68,545,450 USD compared with total assets of 69,031,006 USD at the end of year 2023, a net decrease of 0.70%.Total liabilities of the company reached 45,257,066 USD compared with total liabilities of 45,137,613 USD at the end of year 2023, a net increase of 0.26%. Net ownership equity of the company reached 23,288,384 USD (Including Non-Controlling Interests of 0 USD) compared with total owner equity of 23,893,393 USD (Including Non-Controlling Interests of 0 USD) at the end of year 2023, a net decrease of 2.53%.