Ari Real Estate (Arena) Investment 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 25.13 million compared to ILS 19.48 million a year ago. Net income was ILS 12.13 million compared to ILS 24.67 million a year ago. Basic earnings per share from continuing operations was ILS 0.038 compared to ILS 0.111 a year ago.
For the six months, sales was ILS 49.13 million compared to ILS 36.48 million a year ago. Net income was ILS 17.41 million compared to ILS 26.33 million a year ago. Basic earnings per share from continuing operations was ILS 0.054 compared to ILS 0.119 a year ago. Diluted earnings per share from continuing operations was ILS 0.054.