send to a friend by email

WASSEL posts net income of $0.73 million in 2021

2022-02-15

According to the financial statements of the Palestinian Company for Distribution & Logistics Company WASSEL for the year 2021, Net profit after tax of the period reached 728,327 USD Compared with Net profit after tax 170,833 USD for 2020, a net increase in profit of 326.34%.Total assets of the company reached 14,154,565 USD compared with total assets of 13,784,003 USD at the end of year 2020, a net increase of 2.69%.Total liabilities of the company reached 6,557,745 USD compared with total liabilities of 6,915,510 USD at the end of year 2020, a net decrease of 5.17%. Net ownership equity of the company reached 7,596,820 USD (Including Non-Controlling Interests of -36,796 USD) compared with total owner equity of 6,868,493 USD (Including Non-Controlling Interests of -40,388 USD) at the end of year 2020, a net increase of 10.60%.