Brand Group (M.G) 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 75.1 million compared to ILS 80.5 million a year ago. Net income was ILS 2.93 million compared to ILS 6.65 million a year ago. Basic earnings per share from continuing operations was ILS 0.057 compared to ILS 0.13 a year ago. Diluted earnings per share from continuing operations was ILS 0.057.
For the nine months, sales was ILS 228.25 million compared to ILS 215.06 million a year ago. Net income was ILS 8.45 million compared to ILS 9.7 million a year ago. Basic earnings per share from continuing operations was ILS 0.165 compared to ILS 0.19 a year ago.