Shikun & Binui 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 1,953 million compared to ILS 1,934 million a year ago. Net income was ILS 762 million compared to net loss of ILS 1 million a year ago. Basic earnings per share from continuing operations was ILS 1.47. Diluted earnings per share from continuing operations was ILS 1.47.
For the nine months, sales was ILS 6,184 million compared to ILS 5,230 million a year ago. Net income was ILS 510 million compared to ILS 163 million a year ago. Basic earnings per share from continuing operations was ILS 1.04 compared to ILS 0.36 a year ago. Diluted earnings per share from continuing operations was ILS 1.03 compared to ILS 0.36 a year ago.