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WASSEL posts net income of $1.65 million in H1 2025

2025-08-12

According to the financial statements of the Palestinian Company for Distribution and Logistics WASSEL for first half of 2025, Net profit after tax of the period reached 1,650,326 USD Compared with Net profit after tax 532,492 USD for 2024, a net increase in profit of 209.93%.Total assets of the company reached 22,057,602 USD compared with total assets of 18,152,777 USD at the end of year 2024, a net increase of 21.51%.Total liabilities of the company reached 10,283,895 USD compared with total liabilities of 8,720,237 USD at the end of year 2024, a net increase of 17.93%. Net ownership equity of the company reached 11,773,707 USD (Including Non-Controlling Interests of -38,278 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 24.82%.