Third quarter disclosure 2015: Net Profit after tax of listed companies on the Palestine Exchange (PEX) exceeded 212 million USD

The Palestine Exchange ended its third quarter disclosure period for 2015, 92% of listed companies disclosed within the legal period specified in the disclosure rules. Results show that 69% of the disclosed companies achieved profits in Q3 2015.

Third quarter total profits after tax of thirty four companies were 228 million USD while the loss of the other fifteen companies amounted to (15.38) million USD for the same period. Net profit after tax exceeded 212 million USD (Profits – Losses) in Q3 2015 a growth of 16% compared to same period of 2014.

Mr. Ahmad Aweidah, CEO of PEX said that this positive performance of the listed companies should positively impact the Al Quds Index.

To view a detailed table of Q3/2015 disclosures, please visit:
http://www.pex.ps/PSEWEBSite/NEWS/FS-Quarter3-2015-Disclosure-English.pdf