Lahav LR Real Estate 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 2.61 million compared to ILS 1.28 million a year ago. Revenue was ILS 128.38 million compared to ILS 98.42 million a year ago. Net income was ILS 16.82 million compared to ILS 30.01 million a year ago. Basic earnings per share from continuing operations was ILS 0.068 compared to ILS 0.127 a year ago. Diluted earnings per share from continuing operations was ILS 0.063 compared to ILS 0.125 a year ago.
For the nine months, sales was ILS 7.42 million compared to ILS 3.68 million a year ago. Revenue was ILS 414.95 million compared to ILS 194.63 million a year ago. Net income was ILS 67.84 million compared to ILS 104.55 million a year ago. Basic earnings per share from continuing operations was ILS 0.281 compared to ILS 0.441 a year ago. Diluted earnings per share from continuing operations was ILS 0.259 compared to ILS 0.434 a year ago.