Arab Palestinian Investment Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 295.96 million compared to USD 268.13 million a year ago. Net income was USD 6.67 million compared to USD 8.38 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to USD 0.07 a year ago.
For the six months, sales was USD 587.71 million compared to USD 547.83 million a year ago. Net income was USD 11.08 million compared to USD 18.3 million a year ago. Basic earnings per share from continuing operations was USD 0.09 compared to USD 0.16 a year ago.