Israel Shipyards Industries Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was ILS 366.69 million compared to ILS 187.23 million a year ago. Net income was ILS 39.56 million compared to ILS 15.64 million a year ago. Basic earnings per share from continuing operations was ILS 1.581 compared to ILS 0.648 a year ago. Diluted earnings per share from continuing operations was ILS 1.581 compared to ILS 0.648 a year ago.