Shaniv Paper Industry Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was ILS 222.34 million compared to ILS 172.77 million a year ago. Net income was ILS 4.61 million compared to ILS 3.26 million a year ago.

Basic earnings per share from continuing operations was ILS 0.073 compared to ILS 0.052 a year ago. Diluted earnings per share from continuing operations was ILS 0.073.