Neto M.E Holdings 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 1,058.26 million compared to ILS 1,102.8 million a year ago. Net income was ILS 8.3 million compared to ILS 19.3 million a year ago. Basic earnings per share from continuing operations was ILS 2.5 compared to ILS 5.65 a year ago. Diluted earnings per share from continuing operations was ILS 2.49 compared to ILS 5.61 a year ago.
For the six months, sales was ILS 2,195.04 million compared to ILS 2,098.28 million a year ago. Net income was ILS 20.36 million compared to ILS 42.02 million a year ago. Basic earnings per share from continuing operations was ILS 6.12 compared to ILS 12.29 a year ago. Diluted earnings per share from continuing operations was ILS 6.11 compared to ILS 12.21 a year ago.