Palestine Development & Investment Co. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was USD 100.61 million compared to USD 88.93 million a year ago.

Revenue was USD 146.24 million compared to USD 133.6 million a year ago. Net income was USD 24.83 million compared to USD 21.14 million a year ago. Basic earnings per share from continuing operations was USD 0.111 compared to USD 0.085 a year ago.

Diluted earnings per share from continuing operations was USD 0.111 compared to USD 0.085 a year ago. Basic earnings per share was USD 0.113 compared to USD 0.085 a year ago. Diluted earnings per share was USD 0.113 compared to USD 0.085 a year ago.