Mediterranean Towers 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 61.26 million compared to ILS 57.33 million a year ago. Net income was ILS 47.77 million compared to ILS 36.58 million a year ago. Basic earnings per share from continuing operations was ILS 0.32 compared to ILS 0.24 a year ago. Diluted earnings per share from continuing operations was ILS 0.32 compared to ILS 0.24 a year ago.
For the six months, sales was ILS 121.84 million compared to ILS 112.9 million a year ago. Net income was ILS 103.9 million compared to ILS 56.89 million a year ago. Basic earnings per share from continuing operations was ILS 0.69 compared to ILS 0.38 a year ago. Diluted earnings per share from continuing operations was ILS 0.69 compared to ILS 0.38 a year ago.