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PEC realizes a net income of USD 6.98 million in 2009


Palestine Electric Company (PEC- Listed in PSE) announced its preliminary annual financial results as of 31/12/2009. The results indicate the following:

·         Net income of USD 6.98 million with a growth of %11.23.

·         Total assets of USD 133.98 million with a decline rate of % 2.51.

·         Total shareholders" equity of USD 74.99 million with an increase of %1.33.

·         Total Liabilities of USD 58.99 with a decline of %7.00.


Scarce liquidity in the PEX and 3G mobile networks in the West Bank by the end of January

launching 3G mobile networks in the west bank by the end of January

Relative quietness in the PEX with the increasing anticipation for the annual disclosures

WATANIYA discusses raising its paid-up capital to $293 million

The PEX opens the year 2018 in optimism

The PEX modifies AL-Quds Index composition for the year 2018



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