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PALTEL posts net income of JD21.48 million in H1 2025

2025-08-17

According to the financial statements of Palestine Telecommunications PALTEL for the first half of 2025, Net profit after tax of the period reached 21,475,000 JD Compared with Net profit after tax 18,935,000 JD for 2024, a net increase in profit of 13.41%.Total assets of the company reached 546,252,000 JD compared with total assets of 509,850,000 JD at the end of year 2024, a net increase of 7.14%.Total liabilities of the company reached 345,359,000 JD compared with total liabilities of 294,152,000 JD at the end of year 2024, a net increase of 17.40%. Net ownership equity of the company reached 200,893,000 JD (Including Non-Controlling Interests of 411,000 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 decrease of 6.86%.