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PALTEL records net income of JD63.93 million in 9M 2015

2015-10-29

According to the financial statements of Palestine Telecommunications Company PALTEL for the first nine months of 2015, Net profit after tax of the period reached 63,926,000 JD Compared with Net profit after tax 65,213,000 JD for 2014, a net decrease in profit of 1.97%.Total assets of the company reached 746,627,000 JD compared with total assets of 750,705,000 JD at the end of year 2014, a net decrease of 0.54%.Total liabilities of the company reached 228,875,000 JD compared with total liabilities of 228,366,000 JD at the end of year 2014, a net increase of 0.22%. Net ownership equity of the company reached 517,752,000 JD compared with total owner equity of 522,339,000 JD at the end of year 2014, a net decrease of 0.88%.