Carasso Motors Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was ILS 1,143.14 million compared to ILS 804.08 million a year ago. Net income was ILS 59.89 million compared to ILS 89.84 million a year ago. Basic earnings per share from continuing operations was ILS 0.67 compared to ILS 1.01 a year ago. Diluted earnings per share from continuing operations was ILS 0.65 compared to ILS 0.94 a year ago.
For the six months, sales was ILS 2,658.26 million compared to ILS 1,702.8 million a year ago. Net income was ILS 148.95 million compared to ILS 216.31 million a year ago. Basic earnings per share from continuing operations was ILS 1.67 compared to ILS 2.43 a year ago. Diluted earnings per share from continuing operations was ILS 1.62 compared to ILS 2.28 a year ago.