The Tel-Aviv Stock Exchange Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 10:45 am EDT
Share
The Tel-Aviv Stock Exchange Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was ILS 92.9 million compared to ILS 90.99 million a year ago. Net income was ILS 18.78 million compared to ILS 14.21 million a year ago. Basic earnings per share from continuing operations was ILS 0.191 compared to ILS 0.139 a year ago. Diluted earnings per share from continuing operations was ILS 0.188 compared to ILS 0.136 a year ago.
For the six months, revenue was ILS 192.92 million compared to ILS 188.66 million a year ago. Net income was ILS 44.26 million compared to ILS 28.92 million a year ago. Basic earnings per share from continuing operations was ILS 0.448 compared to ILS 0.285 a year ago. Diluted earnings per share from continuing operations was ILS 0.441 compared to ILS 0.278 a year ago.
Tel Aviv Stock Exchange Ltd is an Israel-based company, which is engaged in managing a securities stock exchange and in related activities. The Company's main function is to approve the issue of diverse types of securities and to supply necessary facilities for trading in securities and clearing transactions, including trade data and announcements. The Company operates through its wholly owned subsidiaries: The TASE Clearing House Ltd (TASE-CH) that is engaged primarily in the clearing and settlement of securities, other than derivatives, and providing services as a Central Securities Depository, as well as The MAOF Clearing House Ltd (MAOF-CH) that is engaged primarily in issuing options and futures (derivatives) and providing clearing services for these derivatives.