Property & Building Corp. 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 195 million compared to ILS 162 million a year ago. Revenue was ILS 234 million compared to ILS 442 million a year ago. Net loss was ILS 549 million compared to net income of ILS 36 million a year ago. Basic loss per share from continuing operations was ILS 67.73 compared to basic earnings per share from continuing operations of ILS 11.14 a year ago. Diluted loss per share from continuing operations was ILS 67.73 compared to diluted earnings per share from continuing operations of ILS 11.13 a year ago. Basic loss per share was ILS 74.34 compared to basic earnings per share of ILS 4.86 a year ago. Diluted loss per share was ILS 74.34 compared to diluted earnings per share of ILS 4.85 a year ago.
For the nine months, sales was ILS 560 million compared to ILS 360 million a year ago. Revenue was ILS 1,181 million compared to ILS 2,306 million a year ago. Net loss was ILS 366 million compared to net income of ILS 1,000 million a year ago. Basic loss per share from continuing operations was ILS 29.72 compared to basic earnings per share from continuing operations of ILS 156.43 a year ago. Diluted loss per share from continuing operations was ILS 29.72 compared to diluted earnings per share from continuing operations of ILS 156.42 a year ago. Basic loss per share was ILS 49.6 compared to basic earnings per share of ILS 135.44 a year ago. Diluted loss per share was ILS 49.6 compared to diluted earnings per share of ILS 135.43 a year ago.