Palestine Electric Company P.L.C reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was USD 33.44 million compared to USD 33.06 million a year ago. Net income was USD 14.02 million compared to USD 10.19 million a year ago.

Basic earnings per share from continuing operations was USD 0.23 compared to USD 0.17 a year ago.