Palestine Telecommunications Company P.L.C reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was JOD 73.85 million compared to JOD 79.24 million a year ago. Net income was JOD 11.06 million compared to JOD 18.2 million a year ago. Basic earnings per share from continuing operations was JOD 0.084 compared to JOD 0.138 a year ago. Basic earnings per share was JOD 0.084 compared to JOD 0.138 a year ago.
For the nine months, sales was JOD 221.99 million compared to JOD 233 million a year ago. Net income was JOD 37.12 million compared to JOD 51.23 million a year ago. Basic earnings per share from continuing operations was JOD 0.282 compared to JOD 0.327 a year ago. Basic earnings per share was JOD 0.282 compared to JOD 0.389 a year ago.