Palestine Investment & Development Co. reported unaudited earnings results for first quarter ended March 31, 2018. For the quarter, the company reported sales of JOD 2,137,769. Net loss before tax was JOD 100,421 compared to of JOD 11,323 a year ago. Net loss after tax was JOD 100,421 compared to of JOD 11,323 a year ago. Basic and diluted earnings per share were JOD 0.021 compared to loss per share of JOD 0.002 a year ago. Net cash flows used in operating activities was JOD 89,443 compared to JOD 7,323 a year ago.