Mediterranean Towers 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 58.2 million compared to ILS 59.66 million a year ago. Net income was ILS 7.55 million compared to ILS 30.39 million a year ago. Basic earnings per share from continuing operations was ILS 0.05 compared to ILS 0.2 a year ago. Diluted earnings per share from continuing operations was ILS 0.05.
For the nine months, sales was ILS 180.04 million compared to ILS 172.55 million a year ago. Net income was ILS 111.45 million compared to ILS 87.28 million a year ago. Basic earnings per share from continuing operations was ILS 0.74 compared to ILS 0.58 a year ago.