Naphtha Israel Petroleum Corp. Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was ILS 8.47 million compared to ILS 2.74 million a year ago.

Revenue was ILS 544.54 million compared to ILS 416.15 million a year ago. Net income was ILS 52.54 million compared to ILS 112.61 million a year ago. Basic earnings per share from continuing operations was ILS 0.558 compared to ILS 1.196 a year ago.

Diluted earnings per share from continuing operations was ILS 0.555 compared to ILS 1.193 a year ago.