send to a friend by email

TPIC posts net income of $0.26 million in Q1 2024

2024-06-24

According to the financial statements of Tamkeen Palestine Insurance Company TPIC for the 1st Quarter of 2024, Net profit after tax of the period reached 264,401 USD Compared with Net profit after tax 417,421 USD for 2023, a net decrease in profit of 36.66%.Total assets of the company reached 32,355,237 USD compared with total assets of 32,643,286 USD at the end of year 2023, a net decrease of 0.88%.Total liabilities of the company reached 13,999,970 USD compared with total liabilities of 14,400,884 USD at the end of year 2023, a net decrease of 2.78%. Net ownership equity of the company reached 18,355,267 USD (Including Non-Controlling Interests of 0 USD) compared with total owner equity of 18,242,402 USD (Including Non-Controlling Interests of 0 USD) at the end of year 2023, a net increase of 0.62%.