Netanel Group 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 0.414 million compared to ILS 0.37 million a year ago. Revenue was ILS 50.66 million compared to ILS 36.65 million a year ago. Net income was ILS 0.569 million compared to net loss of ILS 11.83 million a year ago. Basic earnings per share from continuing operations was ILS 0.02 compared to basic loss per share from continuing operations of ILS 0.17 a year ago. Basic earnings per share was ILS 0.02 compared to basic loss per share of ILS 0.42 a year ago.
For the nine months, sales was ILS 1.42 million compared to ILS 0.72 million a year ago. Revenue was ILS 326.35 million compared to ILS 210.31 million a year ago. Net income was ILS 127.61 million compared to ILS 3.66 million a year ago. Basic earnings per share from continuing operations was ILS 4.49 compared to ILS 0.31 a year ago. Basic earnings per share was ILS 4.52 compared to ILS 0.13 a year ago.