Hamat Group 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 269.54 million compared to ILS 288.33 million a year ago. Net income was ILS 21.05 million compared to ILS 31.97 million a year ago. Basic earnings per share from continuing operations was ILS 0.57 compared to ILS 0.89 a year ago. Diluted earnings per share from continuing operations was ILS 0.57.
For the nine months, sales was ILS 788.15 million compared to ILS 808.99 million a year ago. Net income was ILS 44.73 million compared to ILS 77.88 million a year ago. Basic earnings per share from continuing operations was ILS 1.22 compared to ILS 2.16 a year ago.