Palestine Telecommunications Co PLC 2018 AR2
The report highlights Paltel Group's financial and operational performance for the fiscal year 2018, during which it achieved JOD 305.5 million in operating revenues and JOD 67.1 million in net profit. Despite regional challenges and illegal competition, the Group successfully launched 3G services in the West Bank through its mobile operator, Jawwal, and established advanced data centers in Al-Bireh and Nablus. Additionally, the Group demonstrated a strong commitment to corporate social responsibility, investing JOD 75 million since 2005 in initiatives such as the Code for Palestine program, university scholarships, and green solar energy projects for orphanages. The Group also maintained its market leadership, representing 21.5% of the Palestine Exchange's total market capitalization.
Company: Palestine Telecommunications Co PLC
Sector: Communication Services
Country: Palestine
Year: 2018
Type: AR2
Pages: 83
Palestine Telecommunications Co PLC
Annual Report
The report highlights Paltel Group's financial and operational performance for the fiscal year 2018, during which it achieved JOD 305.5 million in operating revenues and JOD 67.1 million in net profit. Despite regional challenges and illegal competition, the Group successfully launched 3G services in the West Bank through its mobile operator, Jawwal, and established advanced data centers in Al-Bireh and Nablus. Additionally, the Group demonstrated a strong commitment to corporate social responsibility, investing JOD 75 million since 2005 in initiatives such as the Code for Palestine program, university scholarships, and green solar energy projects for orphanages. The Group also maintained its market leadership, representing 21.5% of the Palestine Exchange's total market capitalization.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees