Kardan Real Estate Enterprise and Development Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was ILS 228.61 million compared to ILS 258.73 million a year ago. Revenue was ILS 652.83 million compared to ILS 474.66 million a year ago.

Net income was ILS 81.55 million compared to ILS 33.91 million a year ago. Basic earnings per share from continuing operations was ILS 0.45 compared to ILS 0.19 a year ago. Diluted earnings per share from continuing operations was ILS 0.44 compared to ILS 0.18 a year ago.