PSE News

 

  BPC posts $1.005 mln profit in Q1
Apr , 28 , 2013  
  Birzeit Pharmaceuticals (BPC) reported net earnings reaching JD 1.005 mln for Q1-13, declined 0.6% y/y from JD 1.011 and falling 71% q/q from JD 3.52 mln. Accordingly, the EPS decreased from JD 0.0774 to JD 0.0768. The Total assets for the same period rose 4.2% to JD 41.4 mln, compared with JD 39.7 mln a year earlier.
 

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  NAPCO records JD 110 THD profit
Apr , 25 , 2013  
  NATIONAL ALUMINUM AND PROFILE (NAPCO) reported JD 110 thousand net profit for Q1-13, against JD 37 thousand net losses in Q1-12.
 

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  Palestine Electric Q1 profit jumps 7%
Apr , 25 , 2013  
  Palestine Electric Co. Ltd. (PEC) posted Q1-13 financial results, which reflected earnings of USD 3.54 million, with a leap of 7% compared to USD 3.31 million in the year-ago period. Thus, the EPS increased from USD 0.055 to USD 0.059.
 

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  PCB posts 26% decline in Q1 profit
Apr , 25 , 2013  
  Palestine Commercial Bank (PCB) reported net earnings reaching USD 498 thousand for Q1-13, falling 25.7% y/y from USD 671 thousand and jumping 702% q/q from USD 62,167. Accordingly, the EPS decreased from USD 0.0224 to USD 0.0166. The Total assets for the same period rose 4.3% to USD 187 mln, compared with USD 179 mln a year earlier.
 

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  AL QUDS BANK posts 13.2% decline in Q1 profit
Apr , 25 , 2013  
  AL Quds Bank(QUDS) reported net earnings reaching USD 1.55 million for Q1-13, falling 13.2% y/y from USD 1.79 million and 52.4%% q/q from USD 3.26 million. Accordingly, the EPS decreased from USD 0.0358 to USD 0.0311. The lender's assets for the same period rose 6% to USD 489 mln, compared with USD 461 mln a year earlier.
 

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  PEC OGM approves 10% cash dividend
Apr , 24 , 2013  
  Palestine Electric (PEC). announced that the 23rd ordinary general meeting (OGM) endorsed yesterday the board and auditor’s reports as well as consolidated financial statements for the FY that ended on Dec. 31, 2012. Shareholders also approved the board’s recommendation on paying cash dividend at 10% of capital, or USD 0.10 per share, totaling USD 6 mln. as of June 23. Shareholders of record till the close of trading on the ordinary general meeting (OGM) date – April 22 – will be entitled to this dividend.
 

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  NCI to pay USD 0.05/shr dividend May 04
Apr , 23 , 2013  
  The National Carton Industry (NCI) will pay cash dividend for FY12 at 5% of the stock’s par value, or USD 0.05 per share, totaling USD 250 Thousand, as of May 04. Shareholders of record till the close of trading on the ordinary general meeting (OGM) date – April 16 – will be entitled to this dividend that will be paid via at headquarters in nabluse (NCI).
 

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  WATANIYA’s Q1 losses narrow 1.6%
Apr , 23 , 2013  
  Wataniya Palestine Mobile Telecommunications (WATANIYA) posted USD 6.2 million net losses for Q1-13, narrowing 1.6% y/y from USD 6.3 million and The full-year losses reached USD 23.8 million, narrowing 8.9% compared with USD 26.1 million a year earlier. Thus, the EPS reached reached USD 0.1015, compared with USD 0.0923 a year earlier.
 

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  Al-Quds Index ends 0.3% Lower
Apr , 22 , 2013  
  The 'Al-Quds Index' closed at (459.74) points, at (-1.30) points (-0.28%) Decrease compared to the last trading session. A Total of 444,866 shares was traded with a value of (682,192) USD, executed during (228) transactions.
 

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  BOP's net profit jumps 9.05% to USD 14.4 mln
Apr , 23 , 2013  
  Bank Of Palestine P.L.C (BOP) yesterday announced its financial results for the three months ended March 31, 2013, registering growth across all areas of the bank. In the first three months of 2013, BOP reported a net profit of USD 14.3 million, compared to USD 13.1 million in the same period of 2012, an increase of 9 per cent. BOP’s total assets in the first quarter of 2013 grew by a substantial 30 per cent to reach USD 2.160 billion, compared with USD 1.653 billion as at first quarter of 2012. As of March 31, 2013, customer deposits stood at USD 1.652 billion, compared to USD 1.554 billion as at December 31, 2012, an increase of 6 per cent.
 

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