Cairo-Mubasher: Palestine Telecommunications (PALTEL) reported a decline in profit by 7.4% to JOD 85.1 million during the fiscal year 2014, compared to JOD 91.8 million in FY13

Financials showed a drop in operating income by 5.2% to JOD 355.9 million in 2014, compared to JOD 375.3 million in 2013.

The company’s capital amounts to JOD 131.6 million, distributed on 131.6 million shares at JOD 1 par value.