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WASSEL records net income of $0.09 million in Q1 2019

2019-05-02

According to the financial statements of the Palestinian Company for Distribution and logistics Services WASSEL for the 1st Quarter of 2019, Net profit after tax of the period reached 90,364 USD Compared with Net profit after tax 124,157 USD for 2018, a net decrease in profit of 27.22%.Total assets of the company reached 13,186,435 USD compared with total assets of 12,697,734 USD at the end of year 2018, a net increase of 3.85%.Total liabilities of the company reached 6,537,917 USD compared with total liabilities of 6,139,580 USD at the end of year 2018, a net increase of 6.48%. Net ownership equity of the company reached 6,648,518 USD (Including Non-Controlling Interests of -55,927 USD) compared with total owner equity of 6,558,154 USD (Including Non-Controlling Interests of -58,978 USD) at the end of year 2018, a net increase of 1.38%.

 


 

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