Paz Oil Company 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 3,201 million compared to ILS 3,830 million a year ago. Net income was ILS 85 million compared to ILS 130 million a year ago. Basic earnings per share from continuing operations was ILS 7.2 compared to ILS 4.7 a year ago. Diluted earnings per share from continuing operations was ILS 7 compared to ILS 4.5 a year ago.
For the six months, sales was ILS 6,590 million compared to ILS 6,705 million a year ago. Net income was ILS 170 million compared to ILS 146 million a year ago. Basic earnings per share from continuing operations was ILS 15.2 compared to ILS 10.3 a year ago. Diluted earnings per share from continuing operations was ILS 14.6 compared to ILS 9.9 a year ago.