Kardan Real Estate Enterprise and Development Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was ILS 73.6 million compared to ILS 51.87 million a year ago. Revenue was ILS 175.82 million compared to ILS 170.01 million a year ago. Net income was ILS 28.47 million compared to ILS 14.11 million a year ago. Basic earnings per share from continuing operations was ILS 0.16 compared to ILS 0.08 a year ago. Diluted earnings per share from continuing operations was ILS 0.15 compared to ILS 0.08 a year ago.
For the six months, sales was ILS 147.58 million compared to ILS 102.39 million a year ago. Revenue was ILS 348.63 million compared to ILS 337.86 million a year ago. Net income was ILS 83.91 million compared to ILS 29.26 million a year ago. Basic earnings per share from continuing operations was ILS 0.46 compared to ILS 0.16 a year ago. Diluted earnings per share from continuing operations was ILS 0.45 compared to ILS 0.16 a year ago.