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PEC posts net income of $5.34 million in H1 2015


According to Palestine Electric Company PEC’s consolidated  financial statements for the first half of 2015, Net profit after tax of the period reached 5,343,187 USD Compared with Net profit after tax 7,067,078 USD for 2014, a net decrease in profit of 24.39%.Total assets of the company reached 107,178,081 USD compared with total assets of 103,532,855 USD at the end of year 2014, a net increase of 3.52%.Total liabilities of the company reached 23,830,674 USD compared with total liabilities of 25,528,635 USD at the end of year 2014, a net decrease of 6.65%. Net ownership equity of the company reached 83,347,407 USD compared with total owner equity of 78,004,220 USD at the end of year 2014, a net increase of 6.85%.


Al-Quds Index at its highest level in three years

Al-fiter holiday announcement

Delisting the Arab Palestinian Shopping Center BRAVO from the PEX

Al-Quds Index rebounds upwards in mid-June

Al-Quds Index in the red zone in the second week of Ramadan

New anticipations appear with the start of June



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