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TIC posts net income of $0.30 million in Q1 2025

2025-05-15

According to the financial statements of Al-Takaful Palestinian Insurance Company for the 1st Quarter of 2025, Net profit after tax of the period reached 303,666 USD Compared with Net profit after tax 301,437 USD for 2024, a net increase in profit of 0.74%.Total assets of the company reached 61,006,757 USD compared with total assets of 57,792,587 USD at the end of year 2024, a net increase of 5.56%.Total liabilities of the company reached 36,163,846 USD compared with total liabilities of 33,529,205 USD at the end of year 2024, a net increase of 7.85%. Net ownership equity of the company reached 24,842,911 USD (Including Non-Controlling Interests of 0 USD) compared with total owner equity of 24,263,382 USD (Including Non-Controlling Interests of 0 USD) at the end of year 2024, a net increase of 2.39%.