Lahav LR Real Estate Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was ILS 2.22 million compared to ILS 1.16 million a year ago. Revenue was ILS 108.39 million compared to ILS 12.91 million a year ago.

Net loss was ILS 5.81 million compared to net income of ILS 3.75 million a year ago. Basic loss per share from continuing operations was ILS 0.025 compared to basic earnings per share from continuing operations of ILS 0.016 a year ago. Diluted loss per share from continuing operations was ILS 0.025 compared to diluted earnings per share from continuing operations of ILS 0.016 a year ago.