Palestine Poultry Company L.T.D Reports Earnings Results for the Six Months Ended June 30, 2018
Palestine Poultry Company L.T.D reported earnings results for the six months ended June 30, 2018. For the period, the company's sales were JOD 15,795,131 against JOD 18,093,148 a year ago. Net Income before tax was JOD 1,681,610 against JOD 2,424,244 a year ago. Net income after tax was JOD 1,530,892 against JOD 2,203,867 a year ago. Basic and diluted earnings per share were JOD 0.114 against JOD 0.164 a year ago. Net comprehensive income was JOD 108,953 against JOD 4,976,755 a year ago. Net cash flow from operating activities was JOD 2,124,757 against JOD 2,065,791 a year ago. Purchase of property, plant and equipment was JOD 287,245 against JOD 795,857 a year ago.