Profits of Listed Companies on the Palestine Exchange Reaches USD 61.6 Million in the First Quarter of 2015

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  • Profits of Listed Companies on the Palestine Exchange Reaches USD 61.6 Million in the First Quarter of 2015
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Profits of Listed Companies on the Palestine Exchange Reaches USD 61.6 Million in the First Quarter of 2015

First quarter financial results showed that thirty two of forty eight listed companies’ total profits after tax exceeded 69 million while the loss of the 14 companies amounted to 7.70 million USD for the same period. The listed companies’ net profits after tax reached 61.60 million USD (profits-Losses), a drop of 15.42% compared with same period of 2014.
19 companies used “IFSAH” the new E-disclosure system in reporting the results. IFSAH will become mandatory to all companies by the end of 2015.   
 
 
The link below details the financial results of first quarter 2015:
http://www.pex.ps/PSEWEBSite/NEWS/13-05-2015-1.xlsx

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