Palestine Electric Company reported earnings results for the first quarter ended Mar. 3 1. 2014. For the quarter, the company reported total Operating revenues of $7,631,232 against $7,559,424 for the same period of last year.

Net Income before income tax was $3,177,996 against $3,313,210 for the same period of last year. Net Income was $3,177,996 against $3,313,210 for the same period of last year. EPS was $0.0530 against $0.0552 for the same period of last year.

Net Cash from Operating Activities 3,637,870 against $1,143,652 for the same period of last year. Purchase of property and equipment was $1,276 against $10,887 for the same period of last year.