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PALTEL achieves net income of JD68.56 million in 9M 2013

2013-10-31

According to Palestine Telecommunications Company ( PALTEL)’s data for the first nine months of the year, net profit after taxes reached 68,560,000 JOD, compared with a net profit after taxes of 62,594,000 JOD from the first nine months of 2012, a net increase of 9.5%. Total assets of the company reached 627,258,000 JOD as of September 30^th, 2013, compared to total assets of 616,521,000 JOD as of December 31^st, 2012, a net increase 1.7%. Total liabilities of the company reached 161,972,000 JOD as of September 30^th, 2013, compared to total liabilities of 157,948,000 JOD as of December 31^st, 2012, a net increase of 2.5%. Net ownership equity of the company reached 465,286,000 JOD as of September 30^th, 2013, compared with a net ownership equity of 458,573,000 JOD as of December 31^st, 2012, a net increase of 1.5% in the first nine months. All figures in the financial statements appeared in thousands of JOD.