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TPIC posts net income of $2.18 million in 2022

2023-02-16

According to the financial statements of Tamkeen Palestine Insurance Company TPIC for the year 2022, Net profit after tax of the period reached 2,184,665 USD Compared with Net profit after tax 1,148,095 USD for 2021, a net increase in profit of 90.29%.Total assets of the company reached 54,785,815 USD compared with total assets of 50,217,682 USD at the end of year 2021, a net increase of 9.10%.Total liabilities of the company reached 35,280,221 USD compared with total liabilities of 33,801,951 USD at the end of year 2021, a net increase of 4.37%. Net ownership equity of the company reached 19,505,594 USD compared with total owner equity of 16,415,731 USD at the end of year 2021, a net increase of 18.82%.