Globrands Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was ILS 774.94 million compared to ILS 688.39 million a year ago. Revenue was ILS 165.28 million compared to ILS 133.54 million a year ago.

Net income was ILS 17.33 million compared to ILS 15.33 million a year ago. Basic earnings per share from continuing operations was ILS 14.1 compared to ILS 12.47 a year ago. Diluted earnings per share from continuing operations was ILS 14.1.