send to a friend by email

PIBC posts net income of $3.60 million in H1 2023

2023-08-14

According to the financial statements of Palestine Investment Bank PIBC for the first half of 2023, Net profit after tax of the period reached 3,600,029 USD Compared with Net profit after tax 2,340,433 USD for 2022, a net increase in profit of 53.82%.Total assets of the company reached 776,574,765 USD compared with total assets of 746,299,396 USD at the end of year 2022, a net increase of 4.06%.Total liabilities of the company reached 673,507,897 USD compared with total liabilities of 642,933,371 USD at the end of year 2022, a net increase of 4.75%. Net ownership equity of the company reached 103,066,868 USD compared with total owner equity of 103,366,025 USD at the end of year 2022, a net decrease of 0.29%.