PALESTINE ELECTRIC COMPANY P.L.C

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Palestine Electric Reports Unaudited Consolidated Financial Statements for the First Quarter of 2019

04/25/2019 | 07:54pm EDT

Palestine Electric reported unaudited consolidated financial statements for the first quarter of 2019. For the quarter, net profit after tax of the period reached USD 2,662,513 compared with net profit after tax of USD 4,050,976 for 2018, a net decrease in profit of 34.27%.


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Financials (USD)
Sales 2021 31,3 M - -
Net income 2021 10,2 M - -
Net cash 2021 29,8 M - -
P/E ratio 2021 10,9x
Yield 2021 -
Capitalization 110 M 110 M -
EV / Sales 2020 2,40x
EV / Sales 2021 2,60x
Nbr of Employees 153
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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