send to a friend by email

PICO posts net income of $1.04 million in H1 2024

2024-09-12

According to the financial statements of Palestine Insurance Company PICO for the first half of 2024, Net profit after tax of the period reached 1,040,879 USD Compared with Net profit after tax 1,347,216 USD for 2023, a net decrease in profit of 22.74%.Total assets of the company reached 72,277,836 USD compared with total assets of 66,569,565 USD at the end of year 2023, a net increase of 8.57%.Total liabilities of the company reached 59,331,012 USD compared with total liabilities of 54,112,921 USD at the end of year 2023, a net increase of 9.64%. Net ownership equity of the company reached 12,946,824 USD (Including Non-Controlling Interests of 0 USD) compared with total owner equity of 12,456,644 USD (Including Non-Controlling Interests of 0 USD) at the end of year 2023, a net increase of 3.94%.