Rawabi, May 13, 2026

PADICO disclosed its consolidated financial results for the first quarter of 2026, where profit attributable to the company’s shareholders amounted to USD 9.7 million, compared to USD 6.2 million for the same period of 2025, a growth of 55%.

This growth in PADICO’s financial results is attributed to the improved operational performance in most of its subsidiaries and associate companies during this quarter, despite PADICO’s disposal of its entire stake in Palestine Industrial Investment Company during the last quarter of the previous year, the company continued to achieve higher profits and notable growth in this quarter.

In terms of the financial position, consolidated assets stood at USD 709.6 million at the end of the first quarter of 2026, while consolidated equity amounted to USD 490.1 million, of which USD 479.8 million was attributable to PADICO shareholders.

It is worth noting that Palestine Development and Investment Company (PADICO) is a public shareholding company that invests in key economic sectors in Palestine, including telecommunications and information technology, real estate, financial services, agriculture, tourism, infrastructure, and energy.