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WASSEL posts net income of $0.82 million in 2022

2023-02-15

According to the financial statements of the Palestinian Company for Distribution & Logistics Services WASSEL  for the year 2022, Net profit after tax of the period reached 818,115 USD Compared with Net profit after tax 712,751 USD for 2021, a net increase in profit of 14.78%.Total assets of the company reached 16,095,271 USD compared with total assets of 14,121,316 USD at the end of year 2021, a net increase of 13.98%.Total liabilities of the company reached 7,220,119 USD compared with total liabilities of 6,511,691 USD at the end of year 2021, a net increase of 10.87%. Net ownership equity of the company reached 8,875,152 USD (Including Non-Controlling Interests of -31,975 USD) compared with total owner equity of 7,609,625 USD (Including Non-Controlling Interests of -35,188 USD) at the end of year 2021, a net increase of 16.63%.