Arad Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was USD 324.08 million compared to USD 281.33 million a year ago. Net income was USD 17.42 million compared to USD 20.05 million a year ago.

Basic earnings per share from continuing operations was USD 0.704 compared to USD 0.811 a year ago. Diluted earnings per share from continuing operations was USD 0.704.