Listed Companies as a Major Workforce Provider and a Source of National Economy

SadaNews - The Palestine Stock Exchange announced that it has received the financial data of the listed companies for the first nine months of the year 2025, with the end of the disclosure period granted by the Palestinian Capital Market Authority to Palestinian banks on 15/12/2025.

The financial data for the mentioned period showed signs of a return to the financial performance of these companies, approaching levels seen before the war on the Gaza Strip. The net profits for the first nine months of 2025 amounted to 226 million dollars, compared to 289 million dollars for the same period in 2022. This comes despite a significant drop in profits during the war due to measures taken by the listed companies in response to this crisis, as profits were valued at 97 million dollars for the same financial period in 2024.

This performance reflects the spirit of challenge and resilience that characterize the listed companies, particularly the initiatives they have taken to enhance their financial robustness and adapt to difficult circumstances. These initiatives included a package of strategic moves that involved rationalizing expenses, strengthening hedging levels, alongside increasing their cash liquidity efficiency.

The challenges imposed by the war were not limited to the Gaza Strip only, as the listed companies faced significant difficulties in the West Bank as well. Notably, these include limited mobility, crossings, and borders, in addition to shortages of raw materials and liquidity, which clearly affected their ability to provide services and conduct operations in general. However, this did not prevent them from adhering to governance, disclosure, and transparency regulations while responsibly addressing these exceptional circumstances.

Despite unprecedented levels of unemployment in the West Bank and Gaza, the listed companies continue to play a pivotal role in supporting the Palestinian national economy, through their contribution to creating numerous job opportunities and stimulating production. These companies directly employ more than 16,000 workers, including laborers, craftsmen, employees, technicians, and administrators across various fields and specializations, including engineering, technology, medicine, agriculture, industry, services, management, finance, and other vital sectors, in addition to many indirect jobs.

The listed companies are also committed to their social responsibility and strive to apply sustainability principles in their operations, injecting liquidity into the local market, either through their operational activities or through cash and in-kind dividends distributed to shareholders, in addition to reinvesting part of their profits to enhance their performance and grow their investments.

According to sectoral indicators in light of the results presented for the first nine months of 2025, all sectors, except for the industry sector, did not record profits exceeding the performance achieved in 2022. Meanwhile, these sectors performed well, returning to levels close to their normal performance prior to the war period, except for the banking sector. Although it returned to profitability levels, it recorded a decrease of up to 52% compared to 2022, with profits amounting to 69 million dollars, as it was the most affected sector during the war and adopted more stringent measures compared to other sectors to preserve the funds of depositors and clients.

Furthermore, the services sector was the most profitable for the first nine months of 2025, with profits amounting to 70 million dollars, slightly outperforming the banking sector, followed by the investment sector with profits of 40 million dollars. The industrial sector's profits reached approximately 37 million dollars, and finally, the insurance sector had profits amounting to 10 million dollars.

It is worth noting that the circumstances of the aggression against the Gaza Strip prevented the Palestine Electricity Company from submitting its financial data, given that it was suspended from trading by a decision from the Capital Market Authority since the outbreak of aggression in October 2023 at the company's request. Moreover, the real estate development and management company, Bal Aqar, has yet to submit its financial data.