Kardan Israel 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 61.87 million compared to ILS 63.14 million a year ago. Revenue was ILS 140.61 million compared to ILS 139.97 million a year ago. Net income was ILS 2.93 million compared to ILS 6.93 million a year ago. Basic earnings per share from continuing operations was ILS 0.02 compared to ILS 0.05 a year ago. Diluted earnings per share from continuing operations was ILS 0.02 compared to ILS 0.05 a year ago.
For the nine months, sales was ILS 198.34 million compared to ILS 210.93 million a year ago. Revenue was ILS 457.82 million compared to ILS 488.86 million a year ago. Net income was ILS 30.69 million compared to ILS 51.27 million a year ago. Basic earnings per share from continuing operations was ILS 0.21 compared to ILS 0.35 a year ago. Diluted earnings per share from continuing operations was ILS 0.21 compared to ILS 0.34 a year ago.