Neto M.E Holdings 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 1,167.53 million compared to ILS 1,093.99 million a year ago. Net income was ILS 12.96 million compared to ILS 15.8 million a year ago. Basic earnings per share from continuing operations was ILS 3.9 compared to ILS 4.62 a year ago. Diluted earnings per share from continuing operations was ILS 3.89 compared to ILS 4.6 a year ago.
For the nine months, sales was ILS 3,362.58 million compared to ILS 3,192.27 million a year ago. Net income was ILS 33.32 million compared to ILS 57.82 million a year ago. Basic earnings per share from continuing operations was ILS 10.02 compared to ILS 16.92 a year ago. Diluted earnings per share from continuing operations was ILS 10.01 compared to ILS 16.81 a year ago.