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The listed companies disclose their financial statements for 9M 2013

2013-11-10

The Palestine Exchange concluded its 9M disclosure period for 2013 with 96% compliance from listed companies within the legal period specified in the disclosure rules. Results show that 77% of companies achieved profits in 9M 2013 compared to 64.6% for the same period in 2012. 9M total profits after tax of thirty seven companies exceeded 211 million USD while the loss of the other eleven companies amounted to (22.4) million USD for the same period. Net profit after tax reached 188.7 million USD (Profits - Losses) in 9M 2013 compared to 146.9 million USD for the same period in 2012, an increase of 28.5%.  Aweidah valued the commitment of PEX listed companies to disclose within the legal period. He confirmed that the PEX and in cooperation with the Palestinian Capital Market Authority is committed to maintaining steady and transparent disclosures to ensure exchange stability, investor protection and attraction.