Lahav LR Real Estate Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was ILS 2.59 million compared to ILS 1.23 million a year ago. Revenue was ILS 181.73 million compared to ILS 83.3 million a year ago. Net income was ILS 56.83 million compared to ILS 70.78 million a year ago. Basic earnings per share from continuing operations was ILS 0.237 compared to ILS 0.299 a year ago. Diluted earnings per share from continuing operations was ILS 0.229 compared to ILS 0.288 a year ago.
For the six months, sales was ILS 4.81 million compared to ILS 2.39 million a year ago. Revenue was ILS 287.38 million compared to ILS 96.21 million a year ago. Net income was ILS 51.02 million compared to ILS 74.54 million a year ago. Basic earnings per share from continuing operations was ILS 0.214 compared to ILS 0.314 a year ago. Diluted earnings per share from continuing operations was ILS 0.207 compared to ILS 0.309 a year ago.