Gav-Yam Lands Corp. Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was ILS 177.79 million compared to ILS 153.85 million a year ago.

Revenue was ILS 249.14 million compared to ILS 324.2 million a year ago. Net income was ILS 88.1 million compared to ILS 129.49 million a year ago. Basic earnings per share from continuing operations was ILS 0.41 compared to ILS 0.6 a year ago.

Diluted earnings per share from continuing operations was ILS 0.41 compared to ILS 0.6 a year ago.