Palestine Plastic Industries Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 21, 2023
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Palestine Plastic Industries Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was JOD 0.026557 million compared to JOD 0.025484 million a year ago. Net income was JOD 0.016194 million compared to JOD 0.013098 million a year ago. Basic earnings per share from continuing operations was JOD 0.023 compared to JOD 0.019 a year ago. Basic earnings per share was JOD 0.023 compared to JOD 0.019 a year ago.
For the nine months, sales was JOD 0.079621 million compared to JOD 0.076448 million a year ago. Net income was JOD 0.04932 million compared to JOD 0.044776 million a year ago. Basic earnings per share from continuing operations was JOD 0.07 compared to JOD 0.091 a year ago. Basic earnings per share was JOD 0.07 compared to JOD 0.064 a year ago.
Palestine Plastic Industries Co Ltd is a Palestine-based entity which is primarily engaged in manufacture and distribution of plastic containers and pipes. The Company's products include plastic containers of semi-finished perform bottles, which are used for the bottling and packaging of carbonated soft drinks, mineral water, fruit juices and cooking oil, and plastic pipes for sanitary and agricultural uses. The Company also provides after-sales services, by providing the contractors with technical support and training needs. The Company markets its products within and outside Palestine.
PALESTINE PLASTIC INDUSTRIES CO., LTD. 
