Ashot Ashkelon Industries Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was ILS 85.15 million compared to ILS 90.18 million a year ago. Net income was ILS 9.05 million compared to net loss of ILS 3.42 million a year ago. Basic earnings per share from continuing operations was ILS 0.13. Diluted earnings per share from continuing operations was ILS 0.1.
For the six months, sales was ILS 165.5 million compared to ILS 166.45 million a year ago. Net income was ILS 17.98 million compared to ILS 4.16 million a year ago. Basic earnings per share from continuing operations was ILS 0.27. Diluted earnings per share from continuing operations was ILS 0.24.