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PEC reports net income of $8.79 million at the end of 2018

2019-02-14

According to the financial statements of Palestine Electric PEC for the year 2018, Net profit after tax of the period reached 8,786,981 USD Compared with Net profit after tax 8,642,228 USD for 2017, a net increase in profit of 1.68%.Total assets of the company reached 102,334,596 USD compared with total assets of 99,924,271 USD at the end of year 2017, a net increase of 2.41%.Total liabilities of the company reached 11,901,618 USD compared with total liabilities of 12,278,274 USD at the end of year 2017, a net decrease of 3.06%. Net ownership equity of the company reached 90,432,978 USD compared with total owner equity of 87,645,997 USD at the end of year 2017, a net increase of 3.18%.

 


 

2021-04-08
QUDS approves distributing 3.50% stocks dividends and 4.50% cash dividends for the year 2020

2021-04-08
TRUST approves distributing 10% cash dividends for the year 2020

2021-04-08
Relative Calmness in the PEX and a momentum in holding the general assembly meetings

2021-04-08
NCI proposes distributing 10% cash dividends for the year 2020

2021-04-08
PEC approves distributing 10% cash dividends for the year 2020

2021-04-04
NIC approves distributing 15% stocks dividends and 22.5% cash dividends for the year 2020

2021-04-01
APIC proposes distributing 9.1476% stocks dividends and 7.50% cash dividends for the year 2020

2021-04-01
Al-Quds Index declines significantly following the dividends’ entitlement of the PEX’s two largest companies

2021-04-01
BOP approves distributing 1% stocks dividends and 4% cash dividends for the year 2020

 

 

 
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