Alrov Properties and Lodgings 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 324.28 million compared to ILS 288.6 million a year ago. Revenue was ILS 374.14 million compared to ILS 471.72 million a year ago. Net income was ILS 4.01 million compared to ILS 138.15 million a year ago. Basic earnings per share from continuing operations was ILS 0.19 compared to ILS 5.99 a year ago. Diluted earnings per share from continuing operations was ILS 0.19.
For the nine months, sales was ILS 958.55 million compared to ILS 761.66 million a year ago. Revenue was ILS 1,012.41 million compared to ILS 991.8 million a year ago. Net loss was ILS 72.55 million compared to net income of ILS 72.6 million a year ago. Basic loss per share from continuing operations was ILS 3.44 compared to basic earnings per share from continuing operations of ILS 3.15 a year ago.