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TPIC posts net income of $1.25 million in 2021

2022-02-15

According to the financial statements of Palestine Tamkeen Insurance Company TPIC for the year 2021, Net profit after tax of the period reached 1,250,100 USD Compared with Net profit after tax 1,003,941 USD for 2020, a net increase in profit of 24.52%.Total assets of the company reached 48,846,848 USD compared with total assets of 39,741,984 USD at the end of year 2020, a net increase of 22.91%.Total liabilities of the company reached 32,329,112 USD compared with total liabilities of 26,654,586 USD at the end of year 2020, a net increase of 21.28%. Net ownership equity of the company reached 16,517,736 USD compared with total owner equity of 13,087,398 USD at the end of year 2020, a net increase of 26.21%.