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WASSEL posts net income of $0.68 million in Q1 2025

2025-05-14

According to the financial statements of the Palestinian Company for Distribution & Logistics WASSEL for the 1st Quarter of 2025, attributable profit to equity holders reached 676,032 USD Compared with attributable profit to equity holders 105,673 USD for 2024, a net increase in profit of 539.74%.Total assets of the company reached 19,697,216 USD compared with total assets of 18,152,777 USD at the end of year 2024, a net increase of 8.51%.Total liabilities of the company reached 9,442,665 USD compared with total liabilities of 8,720,237 USD at the end of year 2024, a net increase of 8.28%. Net ownership equity of the company reached 10,254,551 USD (Including Non-Controlling Interests of -20,974 USD) compared with total owner equity of 9,432,540 USD (Including Non-Controlling Interests of -21,047 USD) at the end of year 2024, a net increase of 8.71%.