Israel Shipyards 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 400.19 million compared to ILS 400.13 million a year ago. Net income was ILS 24.33 million compared to ILS 29.76 million a year ago. Basic earnings per share from continuing operations was ILS 0.973 compared to ILS 1.19 a year ago. Diluted earnings per share from continuing operations was ILS 0.973.
For the nine months, sales was ILS 1,173.89 million compared to ILS 1,098.35 million a year ago. Net income was ILS 87.41 million compared to ILS 98.49 million a year ago. Basic earnings per share from continuing operations was ILS 3.496 compared to ILS 3.939 a year ago.