Africa Israel Residences Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was ILS 208.17 million compared to ILS 230.54 million a year ago. Net income was ILS 22.93 million compared to ILS 23.14 million a year ago.

Basic earnings per share from continuing operations was ILS 1.81 compared to ILS 1.83 a year ago. Diluted earnings per share from continuing operations was ILS 1.81 compared to ILS 1.83 a year ago.