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WASSEL posts net income of $0.54 million in 2023

2024-03-05

According to the financial statements of the Palestinian Company for Distribution and Logistics WASSEL for the year 2023, Net profit after tax of the period reached 538,398 USD Compared with Net profit after tax 913,184 USD for 2022, a net decrease in profit of 41.04%.Total assets of the company reached 17,375,219 USD compared with total assets of 16,190,305 USD at the end of year 2022, a net increase of 7.32%.Total liabilities of the company reached 8,329,526 USD compared with total liabilities of 7,220,119 USD at the end of year 2022, a net increase of 15.36%. Net ownership equity of the company reached 9,045,693 USD (Including Non-Controlling Interests of -27,795 USD) compared with total owner equity of 8,970,186 USD (Including Non-Controlling Interests of -31,975 USD) at the end of year 2022, a net increase of 0.84%.