Globrands Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was ILS 792.61 million compared to ILS 785 million a year ago. Revenue was ILS 159.52 million compared to ILS 150.64 million a year ago. Net income was ILS 14.03 million compared to ILS 19.83 million a year ago. Basic earnings per share from continuing operations was ILS 11.41 compared to ILS 16.14 a year ago. Diluted earnings per share from continuing operations was ILS 11.19 compared to ILS 16.14 a year ago.
For the six months, sales was ILS 1,567.55 million compared to ILS 1,473.39 million a year ago. Revenue was ILS 324.8 million compared to ILS 284.18 million a year ago. Net income was ILS 31.36 million compared to ILS 35.16 million a year ago. Basic earnings per share from continuing operations was ILS 25.51 compared to ILS 28.61 a year ago. Diluted earnings per share from continuing operations was ILS 25.26 compared to ILS 28.61 a year ago.