Shapir Engineering and 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 1,446 million compared to ILS 1,207 million a year ago. Net income was ILS 63 million compared to ILS 86 million a year ago. Basic earnings per share from continuing operations was ILS 0.19 compared to ILS 0.24 a year ago. Diluted earnings per share from continuing operations was ILS 0.19 compared to ILS 0.24 a year ago.
For the nine months, sales was ILS 4,069 million compared to ILS 3,218 million a year ago. Net income was ILS 205 million compared to ILS 256 million a year ago. Basic earnings per share from continuing operations was ILS 0.57 compared to ILS 0.72 a year ago. Diluted earnings per share from continuing operations was ILS 0.57 compared to ILS 0.72 a year ago.