Bram Industries 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 22.92 million compared to ILS 30.52 million a year ago. Net loss was ILS 3.02 million compared to ILS 0.462 million a year ago. Basic loss per share from continuing operations was ILS 0.15 compared to ILS 0.02 a year ago.
For the nine months, sales was ILS 76.57 million compared to ILS 94.83 million a year ago. Net loss was ILS 3.23 million compared to net income of ILS 5.5 million a year ago. Basic loss per share from continuing operations was ILS 0.16 compared to basic earnings per share from continuing operations of ILS 0.27 a year ago.