Carasso Motors Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 27, 2021 at 11:40 pm EST
Carasso Motors Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was ILS 1,012.77 million compared to ILS 1,054.45 million a year ago. Net income was ILS 67.03 million compared to ILS 30.14 million a year ago. Basic earnings per share from continuing operations was ILS 0.76 compared to ILS 0.34 a year ago. Diluted earnings per share from continuing operations was ILS 0.64 compared to ILS 0.34 a year ago.
For the nine months, sales was ILS 3,393.77 million compared to ILS 2,665.67 million a year ago. Net income was ILS 207.24 million compared to ILS 88.27 million a year ago. Basic earnings per share from continuing operations was ILS 2.33 compared to ILS 1.05 a year ago. Diluted earnings per share from continuing operations was ILS 2.19 compared to ILS 1.05 a year ago.