Zvi Sarfati & Sons Investments & Constructions Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was ILS 0.913 million compared to ILS 0.647 million a year ago. Revenue was ILS 80.1 million compared to ILS 98.27 million a year ago.

Net income was ILS 11.32 million compared to ILS 19.31 million a year ago. Basic earnings per share from continuing operations was ILS 0.651 compared to ILS 1.11 a year ago. Diluted earnings per share from continuing operations was ILS 0.651.