Hamat Group 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 243.91 million compared to ILS 271.89 million a year ago. Net income was ILS 8.64 million compared to ILS 20.41 million a year ago. Basic earnings per share from continuing operations was ILS 0.24 compared to ILS 0.57 a year ago. Diluted earnings per share from continuing operations was ILS 0.24.
For the six months, sales was ILS 518.61 million compared to ILS 520.67 million a year ago. Net income was ILS 23.68 million compared to ILS 45.91 million a year ago. Basic earnings per share from continuing operations was ILS 0.64 compared to ILS 1.28 a year ago.