Rawabi, August 17, 2025

PADICO disclosed its consolidated financial results for the first half of 2025. The company recorded a net profit attributable to its shareholders of USD 8.6 million, compared to USD 7.2 million for the same period of last year, reflecting a 19.2% growth.

This growth in profits reflects the improved performance of PADICO’s subsidiaries and affiliates, particularly in the industrial and agricultural sector, as well as the financial sector represented by the Palestine Exchange (PEX), despite ongoing political and economic challenges.

In terms of the financial position, consolidated assets increased by 13.3%, reaching USD 818.9 million, while total liabilities decreased by 5.4% reaching USD 304.2 million. Consolidated shareholders’ equity grew by 28.3% reaching USD 514.7 million, compared to the end of last year. The book value per share amounted USD 1.77.

Palestine Development and Investment Company (PADICO) is a public shareholding company investing in various key economic sectors in Palestine including telecommunications and information technology, real estate, finance, industry and agriculture, tourism, infrastructure, and energy.