Palestine Exchange: 2 listed companies disclose their interim financial statements for the First Half of 2017

2017-08-10
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Donia Al watan
The Palestine Exchange (PEX) received the interim financial statements for the First Half of 2017 from 2 listed companies.

Beit Jala Pharmaceutical

The Palestine Exchange (PEX) received the Reviewed interim financial statements for first half of 2017 from Beit Jala Pharmaceutical(BJP).

According to financial statements for first half of 2017, Net profit after tax of the period reached 593,336 JD Compared with Net profit after tax 637,788 JD for 2016, a net decrease in profit of 6.97%.Total assets of the company reached 16,429,931 JD compared with total assets of 15,038,558 JD at the end of year 2016, a net increase of 9.25%.Total liabilities of the company reached 5,167,949 JD compared with total liabilities of 3,789,750 JD at the end of year 2016, a net increase of 36.36%. Net ownership equity of the company reached 11,261,982 JD compared with total owner equity of 11,248,808 JD at the end of year 2016, a net increase of 0.12%.

PALESTINE TELECOMMUNICATIONS

The Palestine Exchange (PEX) received the Reviewed & Consolidated interim financial statements for first half of 2017 from PALESTINE TELECOMMUNICATIONS(PALTEL).

According to financial statements for first half of 2017, Net profit after tax of the period reached 33,062,000 JD Compared with Net profit after tax 40,801,000 JD for 2016, a net decrease in profit of 18.97%.Total assets of the company reached 895,923,000 JD compared with total assets of 1,021,238,000 JD at the end of year 2016, a net decrease of 12.27%.Total liabilities of the company reached 360,517,000 JD compared with total liabilities of 466,635,000 JD at the end of year 2016, a net decrease of 22.74%. Net ownership equity of the company reached 535,406,000 JD compared with total owner equity of 554,603,000 JD at the end of year 2016, a net decrease of 3.46%.
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