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Source: Thomson Reuters.   Last updated on Sep 23, 2019 at 09:59AM (UTC).   Delayed by at least 15 minutes.
Profits of Listed Companies at the Palestine Exchange Exceed USD 87mn in 1Q 2018
Jun 19, 2018
The first quarter results disclosure period ended on the Palestine Exchange (PEX), 92% of listed companies were able to disclose within the set deadline, 89% were profitable in Q1 2018. 
 
First quarter results show that net profit amounted to USD 87,487,161 a growth of 6% in comparison to 2017. Results also show that the thirty Nine companies achieved profits of USD 92,122,393, a growth of 8%, while the net loss of the other five companies was USD 4,635,232 an increase of 82% in comparison to 1Q2017. Four companies failed to disclose their results. 
 
Ahmad Aweidah, CEO of the PEX said that first quarter results augur positive expectations for the year 2018. He expressed his hope of an enabling geopolitical situation during the year to help PEX listed companies achieve better results.

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