Shaniv Paper Industry 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 201.27 million compared to ILS 180.2 million a year ago. Net income was ILS 2.37 million compared to ILS 3.18 million a year ago. Basic earnings per share from continuing operations was ILS 0.038 compared to ILS 0.05 a year ago.
For the nine months, sales was ILS 614.29 million compared to ILS 534.38 million a year ago. Net income was ILS 11.3 million compared to ILS 5.95 million a year ago. Basic earnings per share from continuing operations was ILS 0.179 compared to ILS 0.094 a year ago.