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TPIC posts net income of $0.25 million in Q1 2025

2025-05-15

According to the financial statements of Tamkeen Palestine Insurance Company TPIC for the 1st Quarter of 2025, Net profit after tax of the period reached 250,776 USD Compared with Net profit after tax 264,401 USD for 2024, a net decrease in profit of 5.15%.Total assets of the company reached 32,314,257 USD compared with total assets of 32,178,379 USD at the end of year 2024, a net increase of 0.42%.Total liabilities of the company reached 13,879,753 USD compared with total liabilities of 14,183,542 USD at the end of year 2024, a net decrease of 2.14%. Net ownership equity of the company reached 18,434,504 USD (Including Non-Controlling Interests of 0 USD) compared with total owner equity of 17,994,837 USD (Including Non-Controlling Interests of 0 USD) at the end of year 2024, a net increase of 2.44%.