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TIC posts net income of $2.09 million in 2022

2023-02-15

According to the financial statements of Al-Takaful Palestinian Insurance Company TIC for the year 2022, Net profit after tax of the period reached 2,098,712 USD Compared with Net profit after tax 2,027,212 USD for 2021, a net increase in profit of 3.53%.Total assets of the company reached 93,480,027 USD compared with total assets of 89,442,308 USD at the end of year 2021, a net increase of 4.51%.Total liabilities of the company reached 69,525,411 USD compared with total liabilities of 66,999,922 USD at the end of year 2021, a net increase of 3.76%. Net ownership equity of the company reached 23,954,616 USD compared with total owner equity of 22,442,386 USD at the end of year 2021, a net increase of 6.74%.