send to a friend by email

PADICO posts net income of $0.72 million in 2024

2025-02-18

According to the financial statements of Palestine Development and Investment Company PADICO for the year 2024, profit attributable to the company's shareholders reached 719,000 USD Compared to (11,637,000) USD for the same period of 2023.Total assets of the company reached 723,251,000 USD compared with total assets of 730,709,000 USD at the end of year 2023, a net decrease of 1.02%.Total liabilities of the company reached 322,221,000 USD compared with total liabilities of 334,783,000 USD at the end of year 2023, a net decrease of 3.75%. Net ownership equity of the company reached 401,030,000 USD (Including Non-Controlling Interests of 63,269,000 USD) compared with total owner equity of 395,926,000 USD (Including Non-Controlling Interests of 62,690,000 USD) at the end of year 2023, a net increase of 1.29%.