Menivim - The New Reit 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 49.41 million compared to ILS 40.49 million a year ago. Net income was ILS 46.52 million compared to ILS 31.38 million a year ago. Basic earnings per share from continuing operations was ILS 0.07 compared to ILS 0.05 a year ago. Diluted earnings per share from continuing operations was ILS 0.07.
For the six months, sales was ILS 96.42 million compared to ILS 77.77 million a year ago. Net income was ILS 61.47 million compared to ILS 24.26 million a year ago. Basic earnings per share from continuing operations was ILS 0.09 compared to ILS 0.04 a year ago.