Palestine Development & Investment Co. reported audited consolidated earnings results for the year ended December 31, 2017. For the year, operating revenue was $108,276,000 against $92,304,000 a year ago. Net income before tax was $6,270,000 against $19,705,000 a year ago. Net income after tax was $4,964,000 against $18,909,000 a year ago. Basic and diluted earnings per share were $0.027 against $0.076 a year ago. Net cash flow form operating activities was $17,534,000 against $8,689,000 a year ago. Purchase of property, plant and equipment was $5,706,000 against $5,153,000 a year ago.