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PALTEL posts net income of JD7.89 million in Q1 2025

2025-05-14

According to the financial statements of Palestine Telecommunications PALTEL for the 1st Quarter of 2025, Net profit after tax of the period reached 7,890,000 JD Compared with Net profit after tax 6,242,000 JD for 2024, a net increase in profit of 26.40%.Total assets of the company reached 520,209,000 JD compared with total assets of 509,850,000 JD at the end of year 2024, a net increase of 2.03%.Total liabilities of the company reached 295,328,000 JD compared with total liabilities of 294,152,000 JD at the end of year 2024, a net increase of 0.39%. Net ownership equity of the company reached 224,881,000 JD (Including Non-Controlling Interests of 355,000 JD) compared with total owner equity of 215,698,000 JD (Including Non-Controlling Interests of 317,000 JD) at the end of year 2024, a net increase of 4.26%.