Palram Industries (1990) 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 446.82 million compared to ILS 517.75 million a year ago. Net income was ILS 41.34 million compared to ILS 34.15 million a year ago. Basic earnings per share from continuing operations was ILS 1.61 compared to ILS 1.33 a year ago. Diluted earnings per share from continuing operations was ILS 1.61.
For the six months, sales was ILS 855.25 million compared to ILS 1,016.34 million a year ago. Net income was ILS 62.39 million compared to ILS 85.68 million a year ago. Basic earnings per share from continuing operations was ILS 2.43 compared to ILS 3.33 a year ago.