Israel Petrochemical Enterprises 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 64.82 million compared to ILS 160.81 million a year ago. Net income was ILS 44.61 million compared to ILS 17.19 million a year ago. Basic earnings per share from continuing operations was ILS 0.45 compared to ILS 3.05 a year ago. Diluted earnings per share from continuing operations was ILS 0.31 compared to ILS 2.85 a year ago.
For the six months, revenue was ILS 270.98 million compared to ILS 269.76 million a year ago. Net income was ILS 214.65 million compared to ILS 147 million a year ago. Basic earnings per share from continuing operations was ILS 2.15 compared to ILS 26.03 a year ago. Diluted earnings per share from continuing operations was ILS 1.52 compared to ILS 24.37 a year ago.