Azorim-Investment, Development & Construction Co. 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 26.67 million compared to ILS 17.44 million a year ago. Revenue was ILS 326.73 million compared to ILS 290.68 million a year ago. Net income was ILS 63.4 million compared to ILS 84.15 million a year ago. Basic earnings per share from continuing operations was ILS 0.3 compared to ILS 0.4 a year ago. Diluted earnings per share from continuing operations was ILS 0.3.
For the six months, sales was ILS 47.02 million compared to ILS 33.75 million a year ago. Revenue was ILS 736.6 million compared to ILS 552.52 million a year ago. Net income was ILS 102.79 million compared to ILS 127.82 million a year ago. Basic earnings per share from continuing operations was ILS 0.49 compared to ILS 0.61 a year ago.