Palestine Insurance Company reported unaudited earnings results for the third quarter ended September 30, 2014. For the quarter, the company reported total operating revenues of USD 3,005,730 against USD 2,370,956 a year ago. Net income before taxes was USD 450,573 against USD 59,545 a year ago.

Net income before income tax was USD 450,573 against USD 59,545 a year ago. Net income from continuous operations was USD 450,573 against USD 59,545 a year ago. Net income was USD 407,716 or USD 0.0815 per share against USD 59,545 or USD 0.0119 per share a year ago.

Net cash from operating activities was USD 382,341 against net cash out flow from operating activities of USD 891,165 a year ago. Book value per share was USD 0.795 against USD 0.876 a year ago. Return on assets was 0.013% against 0.002% a year ago.

Return on equity was 0.103% against 0.014% a year ago.