I.B.I.- Managing & Underwriting Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was ILS 10.37 million compared to ILS 11.27 million a year ago. Net income was ILS 4.32 million compared to ILS 4.08 million a year ago. Basic earnings per share from continuing operations was ILS 0.18 compared to ILS 0.19 a year ago. Diluted earnings per share from continuing operations was ILS 0.18.
For the six months, revenue was ILS 16.12 million compared to ILS 33.03 million a year ago. Net income was ILS 5.67 million compared to ILS 12.38 million a year ago. Basic earnings per share from continuing operations was ILS 0.24.