Mendelson Infrastructures & Industries 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 252.69 million compared to ILS 276.3 million a year ago. Net income was ILS 7.91 million compared to ILS 16.97 million a year ago. Basic earnings per share from continuing operations was ILS 0.2 compared to ILS 0.43 a year ago. Diluted earnings per share from continuing operations was ILS 0.2.
For the six months, sales was ILS 545.38 million compared to ILS 546.65 million a year ago. Net income was ILS 20.09 million compared to ILS 59.28 million a year ago. Basic earnings per share from continuing operations was ILS 0.51 compared to ILS 1.5 a year ago.