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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%.


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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