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$26 Million in profits for PADICO in September

2007-11-01

$26 Million in profits for PADICO in September

 

Munib Almasri the Company board chairman of PADICO   yesterday announced that the company"s net profits amounted to $ 26 million in the first nine months of this year, compared to about 38 million in the corresponding period of last year. He said in a statement received by "Alayyam" that this does not include the share of the profits "PADICO" of the profits of subsidiaries, which are estimated at about 3 million. He described the results of the Company for the third quarter of the year as "good as it showed financial statements that have been audited by auditors that the legal gross revenues for the first nine months of the current year amounted to 34.26 million, with total assets at end of period 9,034million and total liabilities 5,108 million dollars in total shareholders rights 4,322 million dollars.”
He said that "PADCIO" and its subsidiaries and allies "play a leading role in local and foreign investment, according to a strategy and action plans for development and reconstruction, in all sectors of industrial, commercial, agricultural and others, will work to complete its role in building infrastructure and development sectors of energy, transportation, water and other sectors , as part of the group employs money in the financial markets such as Saudi Arabia, the UAE, Kuwait, Qatar, Egypt, Morocco, Jordan and other promising markets and developing countries, and has directed investment towards global markets and international. " Almasri added: In the light of global attention currently the Palestinian cause through international conferences convened by the Quartet and the Arab and international support for the vision of the political and economic Palestinian, the group hopes to have a strong investment climate and attract foreign investments with greater freedom of movement for people and goods to enable access to the regional markets of neighboring, then begins the general economic improvement, and resume private development and investment plans are accelerated.
He said that the resumption of international institutions and donor countries to support several small development projects, agricultural and securing loans, during the second half of the year 2007, will enable the government to resume the payment of salaries of the public sector, and the payment of some benefits the private sector and support new projects.
Almasri stated: any political breakthrough will be clearly apparent on the performance of companies in the remainder of the year 2007 and the coming years, adding that "PADICO" will focus its efforts in the coming period to provide funding for the implementation of vital projects and development in Palestine.
Turning to the market witnessed Palestine Securities; recently, from the high turnout of the global investment companies and investment funds, "We expect increased investor interest in the global market Palestinian promising. Accordingly, the group "PADICO" is currently preparing for presentations and meetings for investment in strategic investors Arab and foreign countries. "
Also, he said that "PADICO" pay special attention to investment in the city of Jerusalem, where contacts with local and outside investors for the establishment of a fund for real estate investment in the city.


 

2018-02-22
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2018-02-21
NSC posts net income of JD0.37 million at the end of 2017

2018-02-21
UCI records net income of $0.68 million at the end of 2017

2018-02-21
TIC proposes 10% cash dividends for the year 2017

2018-02-19
APC reports net income of JD1.20 million at the end of 2017

2018-02-19
PIBC reports net income of $3.91 million at the end of 2017

2018-02-19
PID realizes net loss of JD0.01 million at the end of 2017

2018-02-19
PRICO realizes net loss of JD13.49 million at the end of 2017

2018-02-19
RSR reports net income of JD0.48 million at the end of 2017

2018-02-19
NIC posts net income of $7.70 million at the end of 2017

2018-02-19
NIC posts net income of $7.70 million at the end of 2017

2018-02-19
JCC posts net income of JD0.51 million at the end of 2017

2018-02-19
ABRAJ records net income of $2.25 million at the end of 2017

2018-02-18
WASSEL posts net income of 0.06 million at the end of 2017

2018-02-18
SANAD records net income of $10.05 million at the end of 2017

2018-02-18
BPC records net income of $10.28 million at the end of 2017

2018-02-18
PADICO posts net income of $5.68 million at the end of 2017

2018-02-18
WATANIYA realizes net losses of $6.64 million at the end of 2017

2018-02-18
NCI posts net income of $0.16 million at the end of 2017

2018-02-18
AHC realizes net losses of JD1.52 million at the end of 2017

2018-02-18
AIB posts net income of $6.40 million at the end of 2017

2018-02-18
JPH records net income of $6.18 million at the end of 2017

2018-02-18
AIG posts net income of $3.12 million at the end of 2017

2018-02-18
JREI posts net income of $0.01 million at the end of 2017

2018-02-18
MIC posts net income of $3.26 million at the end of 2017

2018-02-18
LADAEN records net losses of JD0.05 million at the end of 2017

2018-02-18
PIIC records net income of JD5.50 million at the end of 2017

2018-02-18
AZIZA posts net income of JD3.18 million at the end of 2017

2018-02-18
APC proposes 50% cash dividends for the year 2017

2018-02-18
PALTEL recommends 40% cash dividends for the year 2017

2018-02-18
GUI proposes 20% stocks dividends and 10% cash dividends for the year 2017

2018-02-18
NIC proposes 25% stocks dividends and 25% cash dividends for the year 2017

2018-02-18
ELECTROODE proposes 12% cash dividends for the year 2017

2018-02-18
NAPCO proposes 5% cash dividends for the year 2017

2018-02-18
BOP proposes 13.5% cash dividends for the year 2017

2018-02-18
TRUST proposes 50% stocks dividends and 20% cash dividends for the year 2017

2018-02-15
A momentum in the dividends proposals and varied financial performance for the blue-chips

2018-02-15
TNB posts net income of $9.20 million at the end of 2017

2018-02-15
AQARIYA posts net income of JD 0.39 million at the end of 2017

2018-02-15
PALTEL posts net income of JD70.53 million at the end of 2017

2018-02-15
PALAQAR records net income of JD3.77 million at the end of 2017

2018-02-15
GUI records net income of $3.77 million at the end of 2017

2018-02-15
PEC posts net income of $8.64 million at the end of 2017

2018-02-15
GMC posts net income of JD1.78 million at the end of 2017

2018-02-15
TIC records net income of $2.19 million at the end of 2017

2018-02-15
BJP posts net income of JD1.64 million at the end of 2017

2018-02-15
ISBK records net income of $14.53 million at the end of 2017

2018-02-15
PICO reports net income of $4.79 million at the end of 2017

2018-02-13
TRUST records net income of $5.43 million at the year 2017

2018-02-13
PSE reports net income 0.68 million at the year 2017

2018-02-13
BPC proposes 2.7% stocks dividends and 20% cash dividends for the year 2017

2018-02-13
ELECTRODE posts net income JD0.07 million at the year of 2017

2018-02-12
VOIC posts net income of JD6.83 million at the end of 2017

2018-02-11
APIC reports net income of $17.44 million at the end of 2017

2018-02-08
Inactivity state in the market with the approaching end of the disclosures’ period

2018-02-08
VOIC recommends 60% cash dividends for the year 2017

2018-02-07
QUDS posts net income of $11.18 million for the year 2017

2018-02-06
ARAB reports net income of JD0.05 million for the year 2017

2018-02-05
PCMA and JSC signed memorandum of understanding

2018-02-05
BOP proposes distributing 13.5% cash dividends for the year 2017

2018-02-05
Nasdaq and Palestine Exchange sign new market technology agreement

2018-02-05
BOP reports net income of $54.00 million at the end of 2017

2018-02-01
NAPCO records net income of JD0.46 million at the end of 2017

2018-02-01
Several transactions in the PEX and the companies have started their disclosures

 

 

 
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