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Palestine Development & Investment Co. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 18.15 million compared to USD 21.84 million a year ago. Revenue was USD 29.94 million compared to USD 35.65 million a year ago. Net income was USD 4.94 million compared to USD 8.31 million a year ago. Basic earnings per share from continuing operations was USD 0.026 compared to USD 0.046 a year ago. Diluted earnings per share from continuing operations was USD 0.026 compared to USD 0.046 a year ago. Basic earnings per share was USD 0.026 compared to USD 0.042 a year ago. Diluted earnings per share was USD 0.026 compared to USD 0.042 a year ago.
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Revenue | 29.94 | 30.83 | 34.72 | |
Gross Profit | 14.24 | 12.15 | 14.77 | |
Operating Income | -2.76 | 10.76 | ||
Net Income | -3.28 | 5.62 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Assets | 730.38 | 781.42 | 793.35 | |
Total Liabilities | 335.52 | 334.18 | 355 | 354.23 |
Total Equity | 395.58 | 396.21 | 426.42 | 439.12 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 8.38 | 3.38 | ||
Cash From Investing Activities | -0.738 | -5.38 | 26.81 | |
Cash From Financing Activities | -2.89 | -8.23 | -23.64 | |
Net Change in Cash | -2.84 | -4.51 | 6.45 |
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