Palestine Electric Company announced unaudited consolidated preliminary earnings results for the year ended December 31, 2018. For the year, the company reported net Income after tax was USD 8,786,981 compared to net loss after tax of USD 8,642,228 a year ago. Basic and diluted earnings per share were 0.150 cents compared to 0.140 cents a year ago. Net comprehensive income was USD 8,786,981 compared to USD 8,642,228 a year ago.