The Israel Land Development Company 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 118.25 million compared to ILS 90.4 million a year ago. Revenue was ILS 210.93 million compared to ILS 122.89 million a year ago. Net income was ILS 6.26 million compared to ILS 30.62 million a year ago. Basic earnings per share from continuing operations was ILS 0.16 compared to ILS 0.78 a year ago. Diluted earnings per share from continuing operations was ILS 0.15 compared to ILS 0.75 a year ago.
For the nine months, sales was ILS 356.44 million compared to ILS 257.72 million a year ago. Revenue was ILS 588.7 million compared to ILS 534.68 million a year ago. Net loss was ILS 11.88 million compared to net income of ILS 238.26 million a year ago. Basic loss per share from continuing operations was ILS 0.3 compared to basic earnings per share from continuing operations of ILS 6.25 a year ago. Diluted loss per share from continuing operations was ILS 0.3 compared to diluted earnings per share from continuing operations of ILS 5.97 a year ago.