Equital Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was ILS 236.05 million compared to ILS 205.44 million a year ago. Revenue was ILS 794.08 million compared to ILS 621.79 million a year ago.

Net income was ILS 73.11 million compared to ILS 145.88 million a year ago. Basic earnings per share from continuing operations was ILS 2.3 compared to ILS 4.9 a year ago. Diluted earnings per share from continuing operations was ILS 2.3.