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TPIC posts net income of $0.55 million in H1 2025

2025-08-17

According to the financial statements of Tamkeen Palestine Insurance Company TPIC for the first half of 2025, Net profit after tax of the period reached 551,220 USD Compared with Net profit after tax 811,369 USD for 2024, a net decrease in profit of 32.06%.Total assets of the company reached 35,140,185 USD compared with total assets of 32,178,379 USD at the end of year 2024, a net increase of 9.20%.Total liabilities of the company reached 15,312,599 USD compared with total liabilities of 14,183,542 USD at the end of year 2024, a net increase of 7.96%. Net ownership equity of the company reached 19,827,586 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 10.18%.Noting that paid-in capital increased from 13,104,000 USD in year 2024 to 13,497,120 USD of this year,a net increase of 3.00%