Palestine Securities Exchange Reports Unaudited Earnings Results for the Full Year of 2017
Palestine Securities Exchange reported unaudited earnings results for the full year of 2017. For the year, the company announced net Income before tax of USD 791,687 compared to USD 783,584 a year ago. Net income after tax was USD 684,201 or USD 0.068 per basic and diluted share compared to USD 642,895 or USD 0.064 per basic and diluted share a year ago. Net cash used in operating activities was USD 250,447 compared to net cash flow from operating activities of USD 1,030,259 a year ago. Purchase of property, plant and equipment was USD 22,493 compared to USD 1,864 a year ago.