Mendelson Infrastructures & Industries Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was ILS 292.69 million compared to ILS 270.34 million a year ago. Net income was ILS 12.19 million compared to ILS 42.32 million a year ago.

Basic earnings per share from continuing operations was ILS 0.31 compared to ILS 1.07 a year ago. Diluted earnings per share from continuing operations was ILS 0.31.