Reit 1 Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was ILS 88.56 million compared to ILS 72.22 million a year ago. Net income was ILS 27.62 million compared to ILS 40.65 million a year ago. Basic earnings per share from continuing operations was ILS 0.149 compared to ILS 0.227 a year ago. Diluted earnings per share from continuing operations was ILS 0.149 compared to ILS 0.227 a year ago.