Electra Consumer Products (1970) 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 1,841.76 million compared to ILS 1,684.65 million a year ago. Net income was ILS 9.87 million compared to ILS 20.48 million a year ago. Basic earnings per share from continuing operations was ILS 0.46 compared to ILS 0.94 a year ago. Diluted earnings per share from continuing operations was ILS 0.45 compared to ILS 0.93 a year ago.
For the nine months, sales was ILS 4,893.26 million compared to ILS 4,658.58 million a year ago. Net loss was ILS 22.01 million compared to net income of ILS 87.09 million a year ago. Basic loss per share from continuing operations was ILS 1.02 compared to basic earnings per share from continuing operations of ILS 3.99 a year ago. Diluted loss per share from continuing operations was ILS 1.02 compared to diluted earnings per share from continuing operations of ILS 3.92 a year ago.