Israel Petrochemical Enterprises Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was ILS 123.81 million compared to ILS 1,243.96 million a year ago. Net income was ILS 66.05 million compared to ILS 1,198.13 million a year ago. Basic earnings per share from continuing operations was ILS 0.66 compared to ILS 56.97 a year ago. Diluted earnings per share from continuing operations was ILS 0.46 compared to ILS 53.35 a year ago.
For the nine months, revenue was ILS 394.78 million compared to ILS 1,513.72 million a year ago. Net income was ILS 280.7 million compared to ILS 1,345.13 million a year ago. Basic earnings per share from continuing operations was ILS 2.81 compared to ILS 124.18 a year ago. Diluted earnings per share from continuing operations was ILS 1.96 compared to ILS 116.2 a year ago.