I.B.I.- Managing & Underwriting Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was ILS 5.75 million compared to ILS 21.76 million a year ago. Net income was ILS 1.35 million compared to ILS 8.3 million a year ago.

Basic earnings per share from continuing operations was ILS 0.06 compared to ILS 0.39 a year ago.