Zvi Sarfati & Sons Investments & Constructions 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 0.747 million compared to ILS 0.547 million a year ago. Revenue was ILS 81.16 million compared to ILS 79.94 million a year ago. Net income was ILS 7.66 million compared to ILS 10.52 million a year ago. Basic earnings per share from continuing operations was ILS 0.44 compared to ILS 0.605 a year ago. Diluted earnings per share from continuing operations was ILS 0.44.
For the nine months, sales was ILS 2.52 million compared to ILS 1.78 million a year ago. Revenue was ILS 232.72 million compared to ILS 282.8 million a year ago. Net income was ILS 26.74 million compared to ILS 46.66 million a year ago. Basic earnings per share from continuing operations was ILS 1.537 compared to ILS 2.682 a year ago.