Paz Oil Company Ltd. announced unaudited consolidated earnings results for the first quarter of 2018. For the quarter, the company reported revenues of ILS 3,050 million compared to ILS 2,859 million a year ago. Operating income was ILS 147 million compared to ILS 303 million a year ago. Income before income tax was ILS 100 million compared to ILS 336 million a year ago. Net income attributable to equity holders of the company was ILS 76 million or ILS 7.48 per diluted share compared to ILS 268 million or ILS 26.33 per diluted share a year ago. Adjusted operating income was ILS 94 million.