Israel Shipyards Industries Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was ILS 400.13 million compared to ILS 234.59 million a year ago. Net income was ILS 29.76 million compared to ILS 23.85 million a year ago. Basic earnings per share from continuing operations was ILS 1.19 compared to ILS 0.865 a year ago. Diluted earnings per share from continuing operations was ILS 1.19.
For the nine months, sales was ILS 1,098.35 million compared to ILS 674.77 million a year ago. Net income was ILS 98.49 million compared to ILS 67.06 million a year ago. Basic earnings per share from continuing operations was ILS 3.939 compared to ILS 2.682 a year ago.