Zvi Sarfati & Sons Investments & Constructions 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 0.861 million compared to ILS 0.585 million a year ago. Revenue was ILS 71.46 million compared to ILS 104.59 million a year ago. Net income was ILS 7.75 million compared to ILS 16.83 million a year ago. Basic earnings per share from continuing operations was ILS 0.446 compared to ILS 0.967 a year ago. Diluted earnings per share from continuing operations was ILS 0.446.
For the six months, sales was ILS 1.77 million compared to ILS 1.23 million a year ago. Revenue was ILS 151.56 million compared to ILS 202.86 million a year ago. Net income was ILS 19.08 million compared to ILS 36.15 million a year ago. Basic earnings per share from continuing operations was ILS 1.096 compared to ILS 2.078 a year ago.