Africa Israel Residences Ltd reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was ILS 962.54 million compared to ILS 1,114.26 million a year ago. Net income was ILS 201.5 million compared to ILS 219.77 million a year ago.

Basic earnings per share from continuing operations was ILS 15.94 compared to ILS 17.38 a year ago.