Palestine Telecommunications Company P.L.C. Reports Consolidated Earnings Results for the Six Months Ended June 30, 2018
Palestine Telecommunications Company P.L.C. reported consolidated earnings results for the six months ended June 30, 2018. For the period, revenues were JOD 159,291,000 against JOD 165,356,000 a year ago. Net Income before tax was JOD 44,235,000 against JOD 43,664,000 a year ago. Net Income after tax was JOD 36,623,000 against JOD 33,062,000 a year ago. Basic and diluted earnings per share were JOD 0.278 against JOD 0.251 a year ago. Net cash flow from operating activities was JOD 42,585,000 against JOD 36,433,000 a year ago. Change in projects in progress, property, plant, and equipment and materials was JOD 27,128,000 against JOD 14,667,000 a year ago.