Summit Real Estate Holdings 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 240.32 million compared to ILS 191.8 million a year ago. Revenue was ILS 248.45 million compared to ILS 201.03 million a year ago. Net income was ILS 38.6 million compared to ILS 102.7 million a year ago. Basic earnings per share from continuing operations was ILS 0.56 compared to ILS 1.48 a year ago. Diluted earnings per share from continuing operations was ILS 0.56 compared to ILS 1.48 a year ago.
For the nine months, sales was ILS 696.04 million compared to ILS 535.21 million a year ago. Revenue was ILS 710.52 million compared to ILS 544.44 million a year ago. Net loss was ILS 32 million compared to net income of ILS 366.61 million a year ago. Basic loss per share from continuing operations was ILS 0.46 compared to basic earnings per share from continuing operations of ILS 5.29 a year ago. Diluted loss per share from continuing operations was ILS 0.46 compared to diluted earnings per share from continuing operations of ILS 5.28 a year ago.