Profits Of Listed Companies On The Palestine Exchange Grew 20% In 2015

Thirty four (34) of forty nine (49) listed companies on the Palestine Exchange (PEX) achieved profit in 2015.

Final results of 2015 show that net profits amounted to 269,033,908 USD, a growth of 20% in comparison to 2014. Results show that the thirty five companies achieved profits of 281,380,404 USD, while the net loss of the other eleven companies was 12,346,497 USD, a decrease of 62% in comparison to 2014. Three companies failed to disclose their annual results.

Ahmad Aweidah, CEO of the PEX expressed his satisfaction from these results. He said:

“This is a clear message of the ability of our listed companies to generate profits and maintain a constant trend of growth year after year in spite of our challenging economic and political conditions”.

To view detailed table of 2015 disclosures, please visit:

http://www.pex.ps/PSEWEBSITE/NEWS/FS-Annual-Report-2015-Disclosure-English.pdf