Palestine Exchange Listed Companies Net Profits Grow 22% in 2015 and Hit USD 273M

Palestine Exchange Listed Companies Net Profits Grow 22% in 2015 and Hit USD 273M

PEX 2015 aggregated net profits amounted to USD 273,340,727 a growth of 22% compared with the same period of 2014.
The disclosure period ended with 86% compliance from listed companies with seven companies failing to disclose within the set deadline.
 
The preliminary financial results showed that thirty six of forty nine listed companies achieved a net profit of USD 285,356,814; the twelve loss making companies recorded a total loss of USD 12,016,088 a decline of 64% compared to 2014.
 
To view detailed table of 2015 disclosures, please visit:
http://www.pex.ps/PSEWEBSITE/NEWS/FS-Annual-Preliminary-2015-Disclosure-English.pdf

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