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TIC posts net income of $1.74 million in 2024

2025-02-18

According to  the financial statements of Al-Takaful Palestinian Insurance Company TIC for the year 2024, Net profit after tax of the period reached 1,736,872 USD Compared with Net profit after tax 2,031,393 USD for 2023, a net decrease in profit of 14.50%.Total assets of the company reached 57,601,650 USD compared with total assets of 58,976,761 USD at the end of year 2023, a net decrease of 2.33%.Total liabilities of the company reached 33,338,268 USD compared with total liabilities of 35,083,368 USD at the end of year 2023, a net decrease of 4.97%. Net ownership equity of the company reached 24,263,382 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 increase of 1.55%.