Ludan Engineering Co. 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 148.8 million compared to ILS 138.3 million a year ago. Net income was ILS 5.85 million compared to ILS 6.8 million a year ago. Basic earnings per share from continuing operations was ILS 0.51 compared to ILS 0.59 a year ago. Basic earnings per share was ILS 0.51. Diluted earnings per share was ILS 0.51.
For the nine months, sales was ILS 474.03 million compared to ILS 428.2 million a year ago. Net income was ILS 19.42 million compared to ILS 20.27 million a year ago. Basic earnings per share from continuing operations was ILS 1.69 compared to ILS 1.76 a year ago.