Globrands 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 786.71 million compared to ILS 749.84 million a year ago. Revenue was ILS 160.35 million compared to ILS 157.82 million a year ago. Net income was ILS 16.18 million compared to ILS 18.76 million a year ago. Basic earnings per share from continuing operations was ILS 13.16 compared to ILS 15.27 a year ago. Diluted earnings per share from continuing operations was ILS 12.82 compared to ILS 15.27 a year ago.
For the nine months, sales was ILS 2,354.25 million compared to ILS 2,223.23 million a year ago. Revenue was ILS 485.14 million compared to ILS 442 million a year ago. Net income was ILS 47.53 million compared to ILS 53.92 million a year ago. Basic earnings per share from continuing operations was ILS 38.67 compared to ILS 43.87 a year ago. Diluted earnings per share from continuing operations was ILS 38.08 compared to ILS 43.87 a year ago.