Palestine Islamic Bank announced earnings results for the six months ended June 30, 2014. For the period, the company reported total operating revenues of ILS 13,898,874 compared to ILS 10,556,529 a year ago. Net income before income tax was ILS 4,365,570 compared to ILS 3,809,818 a year ago.

Net income from continuous operations was ILS 3,375,400 compared to ILS 3,361,489 a year ago. Net income was ILS 3,375,400 compared to ILS 3,361,489 a year ago. EPS was ILS 0.0675 compared to ILS 0.0672 a year ago.

Net cash used in operating activities was ILS 21,021,433 compared to ILS 10,228,931 a year ago. Purchases of property, plant, equipment, investments and contracts were ILS 958,291 compared to ILS 660,317 a year ago. Return on assets was 0.006% compared to 0.007% a year ago.

Return on equity was 0.009% compared to 0.056% a year ago. Book value per share was ILS 1.202 compared to ILS 1.265 a year ago.