Shemen Yielding Real Estate Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was ILS 1.41 million compared to ILS 3.86 million a year ago. Basic loss per share from continuing operations was ILS 0.07 compared to ILS 0.15 a year ago. Basic loss per share was ILS 0.04 compared to ILS 0.17 a year ago. Diluted loss per share was ILS 0.04.
For the nine months, net income was ILS 25.42 million compared to ILS 49.04 million a year ago. Basic earnings per share from continuing operations was ILS 0.89 compared to ILS 2.31 a year ago. Basic earnings per share was ILS 0.9 compared to ILS 2.21 a year ago.