Hod Assaf Industries 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 482.6 million compared to ILS 533.42 million a year ago. Net income was ILS 8.33 million compared to net loss of ILS 11.32 million a year ago. Basic earnings per share from continuing operations was ILS 0.68 compared to basic loss per share from continuing operations of ILS 0.92 a year ago. Diluted earnings per share from continuing operations was ILS 0.68.
For the nine months, sales was ILS 1,423.39 million compared to ILS 1,490.97 million a year ago. Net income was ILS 38.18 million compared to ILS 44.72 million a year ago. Basic earnings per share from continuing operations was ILS 3.11 compared to ILS 3.64 a year ago.