C. Mer Industries Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was ILS 152.09 million compared to ILS 105.33 million a year ago. Net income was ILS 1.28 million compared to ILS 0.398 million a year ago.

Basic earnings per share from continuing operations was ILS 0.1 compared to ILS 0.05 a year ago. Basic earnings per share was ILS 0.1 compared to ILS 0.03 a year ago. Diluted earnings per share was ILS 0.1.