Synel M.L.L Payway Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was ILS 22.83 million compared to ILS 21.67 million a year ago. Net income was ILS 2.57 million compared to ILS 23.99 million a year ago. Basic earnings per share from continuing operations was ILS 0.45 compared to ILS 0.51 a year ago. Diluted earnings per share from continuing operations was ILS 0.45.
For the six months, sales was ILS 46.67 million compared to ILS 43.39 million a year ago. Net income was ILS 4.95 million compared to ILS 35.18 million a year ago. Basic earnings per share from continuing operations was ILS 0.87 compared to ILS 0.75 a year ago.