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PICO posts net income of $1.62 million in 9M 2016

2016-10-31

According to the financial statements of Palestine Insurance Company PICO for the first nine months of 2016, Net profit after tax of the period reached 1,625,790 USD Compared with Net profit after tax 329,631 USD for 2015, a net increase in profit of 393.22%.Total assets of the company reached 35,770,905 USD compared with total assets of 33,788,069 USD at the end of year 2015, a net increase of 5.87%.Total liabilities of the company reached 28,145,797 USD compared with total liabilities of 28,014,090 USD at the end of year 2015, a net increase of 0.47%. Net ownership equity of the company reached 7,625,108 USD compared with total owner equity of 5,773,979 USD at the end of year 2015, a net increase of 32.06%.


 

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NSC recommends 10% cash dividends for the year 2016

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3G services in 6 months in the West Bank

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BOP approves distributing 2.56% stocks dividends and 10.44% cash dividends for the year 2016

2017-04-10
QUDS proposes distributing 12% stocks dividends for the year 2016

2017-04-06
Dividends approval momentum and a final agreement to run 3G frequencies in the Palestinian markets

2017-04-06
PALTEL approves distributing 40% cash dividends for the year 2016

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PADICO proposes distributing 5% cash dividends for the year 2016

2017-04-03
AIB approves raising its capital to $75 million and distributing 12% cash dividends for the year 2016

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NIC approves 20% cash dividends for the year 2016.

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