Palestine Investment & Development Co. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net loss was JOD 0.015335 million compared to net income of JOD 0.31314 million a year ago. Basic loss per share from continuing operations was JOD 0.003 compared to basic earnings per share from continuing operations of JOD 0.071 a year ago.
For the six months, net income was JOD 0.033155 million compared to net loss of JOD 0.006166 million a year ago. Basic earnings per share from continuing operations was JOD 0.007.