Hagag Group Real Estate Entrepreneurship 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 72.41 million compared to ILS 50.61 million a year ago. Net income was ILS 13.51 million compared to ILS 48.62 million a year ago. Basic earnings per share from continuing operations was ILS 0.16 compared to ILS 0.82 a year ago. Diluted earnings per share from continuing operations was ILS 0.16 compared to ILS 0.76 a year ago.
For the six months, sales was ILS 113.89 million compared to ILS 116.47 million a year ago. Net income was ILS 76.78 million compared to ILS 54.57 million a year ago. Basic earnings per share from continuing operations was ILS 1.28 compared to ILS 0.92 a year ago. Diluted earnings per share from continuing operations was ILS 1.28 compared to ILS 0.86 a year ago.