Quds Bank reported unaudited earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported interest income of USD 12,447,677 against USD 11,629,646 a year ago. Net Interest Income was USD 9,345,385 against USD 8,584,149 a year ago. Net Income before tax was USD 3,176,486 against USD 4,636,518 a year ago. Net Income after tax was USD 2,257,496 against USD 3,941,039 a year ago. Basic and diluted earnings per share were USD 0.033 against USD 0.065 a year ago. Net Comprehensive Income was USD 2,591,201 against USD 5,681,792 a year ago. Net cash used from operating activities was USD 17,138,193 against net cash from operating activities of USD 108,267,727 a year ago. Purchase of property, plant and equipment was USD 448,725 against USD 2,901,867 a year ago.