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Palestine Telecommunications earns a pretax income of JD27.14 million in Q1 2011

2011-05-03

Palestine Telecommunication PALTEL disclosed its financial results for the first quarter of this year, where they indicated a pretax income of JD27,139,000 compared to an income of JD23,588,000 in the first quarter of 2010. Total assets reached JD559,692,000 on 31/03/2011 compared to JD551,261,000 as of 31/12/2010. Total Liabilities amounted at JD197,188,000 on 31/03/2011 after they reached JD159,887,000 on 31/12/2010. Total shareholders’ equity settled at JD362,504,000  at the end of the first quarter of 2011 compared to JD391,374,000 at the end of 2010.