Electra Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was ILS 2,862.12 million compared to ILS 2,624.1 million a year ago. Net income was ILS 62.59 million compared to ILS 130.14 million a year ago. Basic earnings per share from continuing operations was ILS 16.32 compared to ILS 34.06 a year ago. Diluted earnings per share from continuing operations was ILS 16.27 compared to ILS 33.9 a year ago.
For the six months, sales was ILS 5,788.8 million compared to ILS 5,217.67 million a year ago. Net income was ILS 112.72 million compared to ILS 181.35 million a year ago. Basic earnings per share from continuing operations was ILS 29.38 compared to ILS 47.45 a year ago. Diluted earnings per share from continuing operations was ILS 29.29 compared to ILS 47.23 a year ago.