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PALESTINE ELECTRIC COMPANY P.L.C

(PEC)
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Palestine Electric Company P.L.C Reports Earnings Results for the Second Quarter Ended June 30, 2021

08/15/2021 | 09:06am EST

Palestine Electric Company P.L.C announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 8.288 million compared to USD 8.197 million a year ago. Net income was USD 2.866 million compared to USD 1.659 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to USD 0.03 a year ago. For the half year, sales was USD 16.486 million compared to USD 16.307 million a year ago. Net income was USD 6.082 million compared to USD 5.902 million a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to USD 0.1 a year ago.


ę S&P Capital IQ 2021
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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 111 M 111 M -
EV / Sales 2019 1,74x
EV / Sales 2020 2,40x
Nbr of Employees 159
Free-Float 35,0%
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Income Statement Evolution
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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