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PEC records net income of $3.60 million in Q1 2017


According to the financial statements of Palestine Electric PEC for Q1 2017, Net profit after tax of the period reached 3,606,618 USD Compared with Net profit after tax 4,436,819 USD for 2016, a net decrease in profit of 18.71%.Total assets of the company reached 103,340,036 USD compared with total assets of 99,904,886 USD at the end of year 2016, a net increase of 3.44%.Total liabilities of the company reached 14,729,649 USD compared with total liabilities of 14,901,117 USD at the end of year 2016, a net decrease of 1.15%. Net ownership equity of the company reached 88,610,387 USD compared with total owner equity of 85,003,769 USD at the end of year 2016, a net increase of 4.24%.


Scarce liquidity in the PEX and 3G mobile networks in the West Bank by the end of January

launching 3G mobile networks in the west bank by the end of January

Relative quietness in the PEX with the increasing anticipation for the annual disclosures

WATANIYA discusses raising its paid-up capital to $293 million

The PEX opens the year 2018 in optimism

The PEX modifies AL-Quds Index composition for the year 2018



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