Carasso Motors Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was ILS 731.95 million compared to ILS 998.21 million a year ago. Net income was ILS 84.72 million compared to ILS 67.03 million a year ago. Basic earnings per share from continuing operations was ILS 0.95 compared to ILS 0.76 a year ago. Diluted earnings per share from continuing operations was ILS 0.91 compared to ILS 0.64 a year ago.
For the nine months, sales was ILS 2,395.31 million compared to ILS 3,348.52 million a year ago. Net income was ILS 301.03 million compared to ILS 207.24 million a year ago. Basic earnings per share from continuing operations was ILS 3.38 compared to ILS 2.33 a year ago. Diluted earnings per share from continuing operations was ILS 3.3 compared to ILS 2.19 a year ago.