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WASSEL realizes a net income of JOD 0.63 million in 2009


Palestine For Distribution & Logistics Services Company (WASSEL- Listed in PSE) announced its preliminary annual financial results as of 31/12/2009. The results indicate the following:

·         Net income of JOD 630,898 with a growth of %3095.

·         Total assets of JOD 11.05 million with an increase rate of % 2.80.

·         Total shareholders" equity of JOD 6.53 million with an increase of %11.20.

·         Total Liabilities of JOD 4.52 with a decline of %7.17.


High liquidity level raises the market's trading volume this week

PICO approves raising the paid-capital to $6 million

TIC approves raising the paid-capital to $10.00 million

Active Trading with the increase of semi-annual financial data anticipation

LADAEN restructures itself and establishes a new company

Al-Quds Index breaks through new psychological level and gains 2.99% in this week



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