Hod Assaf Industries 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 444.75 million compared to ILS 461.08 million a year ago. Net income was ILS 15.53 million compared to ILS 34.58 million a year ago. Basic earnings per share from continuing operations was ILS 1.26 compared to ILS 2.81 a year ago. Diluted earnings per share from continuing operations was ILS 1.26.
For the six months, sales was ILS 940.79 million compared to ILS 957.55 million a year ago. Net income was ILS 29.85 million compared to ILS 56.04 million a year ago. Basic earnings per share from continuing operations was ILS 2.43 compared to ILS 4.56 a year ago.