Emilia Development (O.F.G) 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 544.58 million compared to ILS 516.95 million a year ago. Net income was ILS 39.93 million compared to ILS 15.04 million a year ago. Basic earnings per share from continuing operations was ILS 0.47 compared to ILS 0.53 a year ago. Basic earnings per share was ILS 1.43 compared to ILS 0.54 a year ago. Diluted earnings per share was ILS 1.43.
For the nine months, sales was ILS 1,555.97 million compared to ILS 1,505.42 million a year ago. Net income was ILS 70.35 million compared to ILS 57.65 million a year ago. Basic earnings per share from continuing operations was ILS 1.71 compared to ILS 2.77 a year ago. Basic earnings per share was ILS 2.51 compared to ILS 2.06 a year ago.