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OFFON

PALESTINE ELECTRIC COMPANY P.L.C

(PEC)
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Palestine Electric Company Announces Unaudited Consolidated Preliminary Earnings Results for the Year Ended December 31, 2018

02/14/2019 | 04:04pm EST

Palestine Electric Company announced unaudited consolidated preliminary earnings results for the year ended December 31, 2018. For the year, the company reported net Income after tax was USD 8,786,981 compared to net loss after tax of USD 8,642,228 a year ago. Basic and diluted earnings per share were 0.150 cents compared to 0.140 cents a year ago. Net comprehensive income was USD 8,786,981 compared to USD 8,642,228 a year ago.


ę S&P Capital IQ 2019
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Financials (USD)
Sales 2020 30,9 M - -
Net income 2020 11,3 M - -
Net cash 2020 21,1 M - -
P/E ratio 2020 8,42x
Yield 2020 6,29%
Capitalization 113 M 113 M -
EV / Sales 2019 1,74x
EV / Sales 2020 2,40x
Nbr of Employees 159
Free-Float 35,0%
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Managers and Directors
Walid Saad Sail Salman Vice Chairman & Chief Executive Officer
Mahmoud Al-Nabahin Chief Financial Officer & Director-Compliance
Samer Saeed Tawfiq Khoury Chairman
Nabil Gatas Khalil Al-Sarraf Director
Tariq Omar Abdul Fattah Al-Aggad Director
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