Palestine Electric Company Reports Unaudited Consolidated Earnings Results for the Nine Months Ended September 30, 2018
Palestine Electric Company reported unaudited consolidated earnings results for the nine months ended September 30, 2018. For the period, the company reported capacity charges of USD 23,987,952 against USD 23,740,704 a year ago. Net income after tax was USD 9,022,983 or USD 0.150 per basic and diluted share against USD 6,346,875 or USD 0.106 per basic and diluted share a year ago.