Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

National Insurance Company announces its results for 2008 and a recommendation to distribute cash dividends by 15%

2009-01-29

The board of directors of the National Insurance Company had held a meeting where it the final financial results of the company and its subsidiaries had been adopted, and decided to recommend to the general assembly that is decided to be convened in 26/03/2009 to distribute cash dividends to the shareholders by 15% of paid up capital, and thus the National Insurance Company is the first listed company that announces the results and profits for 2008. Aziz Abdeljawad the general manager of the company said that the National Insurance Company has achieved a new record of production and insurance profits in 2008, increasing the company"s production to more than 25 million U.S. dollars, a rise exceeded 52% of what it was in 2007, where the insurance profit has exceeded 4.6 million U.S. dollars in 2008 compared to 1.4 million in 2007. Mr. Aziz Abdeljawad added that the board of directors decided to download the general profit and loss account this year to all the losses to the company"s investment portfolio in the Palestine Securities Exchange and in the Arab and global capital markets that resulted from the collapse in these markets, and total of such losses reach about 1576 thousands U.S dollars. The board of directors also decided to continue to evaluate the company"s real estate investment are the historical cost, at the time where the reports of speculative experts indicated that the market value of these assets are over more than five million U.S. dollars over its par value. As a result of all that, the company and its subsidiaries achieved a net profit before tax of the amount of $3310 thousands compared to profits of $ 3275 last year.

 

 


 

2017-04-26
UCI reports net income of $0.18 million in Q1 2017

2017-04-25
PSE realizes net loss of $0.27 million in Q1 2017

2017-04-25
JREI realizes net loss of $0.07 million in Q1 2017

2017-04-25
AIB reports net income of $1.55 million in Q1 2017

2017-04-25
BJP posts net income of JD0.89 million in Q1 2017

2017-04-25
WATANIYA realizes net loss of $1.12 million in Q1 2017

2017-04-25
NAPCO records net income of JD0.13 million in Q1 2017

2017-04-25
APIC approves distributing 6.06% stock dividends and 6% cash dividends for 2016

2017-04-25
APIC records net income of $3.57 million in Q1 2017

2017-04-23
PEC records net income of $3.60 million in Q1 2017

2017-04-23
TNB approves distributing 5% cash dividends for the year 2016

2017-04-23
Bravo realizes net loss of JD0.13 million in Q1 2017

2017-04-20
Medium liquidity in the quarterly disclosures and dividends distribution seasons

2017-04-20
PEC approves distributing 10% cash dividends for the year 2016

2017-04-19
TNB records net income of $2.77 million in Q1 2017

2017-04-18
BPC approves distributing 20% cash dividends for the year 2016

2017-04-18
VOIC records net income of JD1.07 million for Q1 2017

2017-04-13
Al-Quds Index declines amid anticipation elements’ overlapping

2017-04-13
TRUST approves distributing 15% cash dividends for the year 2016

2017-04-12
JPH proposes 10% cash dividends for the year 2016

2017-04-11
APC records net income of JD0.33 million in Q1 2017

2017-04-11
PIBC proposes 2.35% stocks dividends for the year 2016

2017-04-11
NSC recommends 10% cash dividends for the year 2016

2017-04-11
GUI approves distributing 10% cash dividends for the year 2016

2017-04-10
3G services in 6 months in the West Bank

2017-04-10
BOP approves distributing 2.56% stocks dividends and 10.44% cash dividends for the year 2016

2017-04-10
QUDS proposes distributing 12% stocks dividends for the year 2016

2017-04-06
Dividends approval momentum and a final agreement to run 3G frequencies in the Palestinian markets

2017-04-06
PALTEL approves distributing 40% cash dividends for the year 2016

2017-04-04
PADICO proposes distributing 5% cash dividends for the year 2016

2017-04-03
AIB approves raising its capital to $75 million and distributing 12% cash dividends for the year 2016

2017-04-02
NIC approves 20% cash dividends for the year 2016.

2017-04-02
ISBK approves raising its capital to $69 million and distributing 8.50% cash dividends for the year 2016.

 

 

 
Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013