Palestine Telecommunications Announces Unaudited and Consolidated Earnings Results for the Year Ended December 31, 2017
Palestine Telecommunications announced unaudited and consolidated earnings results for the year ended December 31, 2017. For the full year, the company reported Revenue was JOD 334,740,000 against JOD 332,395,000 a year ago. Net income before tax was JOD 75,358,000 against JOD 91,032,000 a year ago. Net income after tax was JOD 70,528,000 against JOD 80,056,000 a year ago. Basic and diluted earnings per share was JOD 0.536 against JOD 0.608 a year ago. Net comprehensive income was JOD 63,868,000 against JOD 70,784,000 a year ago. Net cash flow from operating activities was JOD 98,830,000 against JOD 149,553,000 a year ago. Purchase of intangible assets was JOD 129,077,000 against JOD 7,661,000 a year ago.