Results of "Waseel" in the First Half of 2025
Companies & Institutions

Results of "Waseel" in the First Half of 2025

SadaNews: The Palestinian Company for Distribution and Logistics Services (Waseel) has disclosed its financial results and consolidated financial statements for the first half of 2025, reporting profits amounting to $1.65 million for the company’s shareholders compared to $532 thousand for the same period in 2024.

The company continued to achieve growth in its business results during the first half of 2025, despite the ongoing aggression on the Gaza Strip and the complex political challenges in the West Bank. This strong performance is primarily attributed to the increase in Waseel’s sales in the logistics and heavy transportation sector, alongside growth in its sales in technology solutions and information systems, in addition to profits realized from its investment portfolio in local equities.

It is worth mentioning that Waseel is a public joint-stock company listed on the Palestine Stock Exchange, with a shareholder base of over 13,000 shareholders, and its investments include logistics services, financial leasing, money transportation, and security and guarding.