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PALTEL posts net income of JD83.06 million in 2015

2016-02-15

According to the financial statements of Palestine Telecommunications PALTEL for the year 2015, Net profit after tax of the period reached 83,060,000 JD Compared with Net profit after tax 85,068,000 JD for 2014, a net decrease in profit of 2.36%.Total assets of the company reached 746,333,000 JD compared with total assets of 750,705,000 JD at the end of year 2014, a net decrease of 0.58%.Total liabilities of the company reached 203,283,000 JD compared with total liabilities of 228,366,000 JD at the end of year 2014, a net decrease of 10.98%. Net ownership equity of the company reached 543,050,000 JD compared with total owner equity of 522,339,000 JD at the end of year 2014, a net increase of 3.97%.