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Palestine Telecommunications (PALTEL) earns a pretax income of JD 69.04 million in the third quarter of 2010

2010-11-01

Palestine Telecommunications (PALTEL) disclosed its financial statements for the third quarter of 2010, and the company’s financial results as of 30/09/2010 indicated a pretax income of JD 69.04 million comparing to a profit of JD 73.10 million in the third quarter of 2009. The company’s assets reached JD 548.160 million at the end 30/09/2010 after they reached JD 531.27 million on 31/12/2009. Total liabilities reached JD 177.80 million at the end of the third quarter of 2010 comparing to JD 180.10 million as of 31/12/2009. Shareholders’ equity reached JD 370.35 million on 30/09/2010 after they reached JD 351.20 million at the end of 2009.