Albaad Massuot Yitzhak Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was ILS 430.91 million compared to ILS 356.88 million a year ago. Net income was ILS 9.59 million compared to net loss of ILS 70.4 million a year ago. Basic earnings per share from continuing operations was ILS 0.6 compared to basic loss per share from continuing operations of ILS 1.91 a year ago. Basic earnings per share was ILS 0.52 compared to basic loss per share of ILS 5.66 a year ago.
For the nine months, sales was ILS 1,291.57 million compared to ILS 1,089.16 million a year ago. Net income was ILS 17.7 million compared to net loss of ILS 88.14 million a year ago. Basic earnings per share from continuing operations was ILS 1.51 compared to basic loss per share from continuing operations of ILS 0.68 a year ago. Basic earnings per share was ILS 0.95 compared to basic loss per share of ILS 7.08 a year ago.