Neto Malinda Trading 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 1,054.72 million compared to ILS 1,101.96 million a year ago. Net income was ILS 17.62 million compared to ILS 44.21 million a year ago. Basic earnings per share from continuing operations was ILS 0.89 compared to ILS 2.23 a year ago. Diluted earnings per share from continuing operations was ILS 0.89.
For the six months, sales was ILS 2,187.96 million compared to ILS 2,096.6 million a year ago. Net income was ILS 40.23 million compared to ILS 87.87 million a year ago. Basic earnings per share from continuing operations was ILS 2.03 compared to ILS 4.44 a year ago.