Hod Assaf Industries Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was ILS 496.04 million compared to ILS 496.46 million a year ago. Net income was ILS 14.31 million compared to ILS 21.46 million a year ago.

Basic earnings per share from continuing operations was ILS 1.16 compared to ILS 1.75 a year ago. Diluted earnings per share from continuing operations was ILS 1.16.