Naphtha Israel Petroleum Corp. 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 15.03 million compared to ILS 10.17 million a year ago. Revenue was ILS 559.92 million compared to ILS 487.85 million a year ago. Net income was ILS 54.8 million compared to ILS 82.36 million a year ago. Basic earnings per share from continuing operations was ILS 0.542 compared to ILS 0.875 a year ago. Diluted earnings per share from continuing operations was ILS 0.531 compared to ILS 0.872 a year ago.
For the nine months, sales was ILS 37.11 million compared to ILS 21.6 million a year ago. Revenue was ILS 1,640 million compared to ILS 1,386.62 million a year ago. Net income was ILS 164.94 million compared to ILS 196.06 million a year ago. Basic earnings per share from continuing operations was ILS 1.712 compared to ILS 2.082 a year ago. Diluted earnings per share from continuing operations was ILS 1.699 compared to ILS 2.078 a year ago.