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PICO posts net income of $1.82 million in 9M 2025

2025-11-13

According to the financial statements for Palestine Insurance PICO of 30/09/2025 Net profit after tax reached 609,199 USD, compared with Net profit after tax of 1,821,109 USD of year 2024 a net decrease of 66.55%. Total assets reached 62,917,164 USD, compared with Total assets of 58,005,751 USD at the end of year 2024 a net increase of 8.47%. Total Liabilities reached 46,276,251 USD, compared with Total Liabilities of 43,181,860 USD at the end of year 2024 a net increase of 7.17%. Total Owners' Equity reached 16,640,913 USD Including Non-Controlling Interests of USD, compared with Total Owners' Equity of 14,823,891 USD at the end of year 2024 a net increase of 12.26% . Noting that paid-in capital increased from 9,000,000 USD in year 2024 to 11,000,000 USD of this year, a net increase of 22.22%