Shufersal 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 3,854 million compared to ILS 3,810 million a year ago. Net income was ILS 50 million compared to net loss of ILS 96 million a year ago. Basic earnings per share from continuing operations was ILS 0.19 compared to basic loss per share from continuing operations of ILS 0.36 a year ago. Diluted earnings per share from continuing operations was ILS 0.19.
For the nine months, sales was ILS 11,277 million compared to ILS 11,013 million a year ago. Net income was ILS 180 million compared to net loss of ILS 1 million a year ago. Basic earnings per share from continuing operations was ILS 0.68.