Avgol Industries 1953 Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 80.04 million compared to USD 114.65 million a year ago. Net income was USD 0.813 million compared to USD 12.27 million a year ago.

Basic earnings per share from continuing operations was USD 0.003 compared to USD 0.041 a year ago. Diluted earnings per share from continuing operations was USD 0.003 compared to USD 0.041 a year ago.