Mendelson Infrastructures & Industries 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 270.6 million compared to ILS 288.8 million a year ago. Net income was ILS 10.59 million compared to ILS 16.33 million a year ago. Basic earnings per share from continuing operations was ILS 0.27 compared to ILS 0.41 a year ago. Diluted earnings per share from continuing operations was ILS 0.27.
For the nine months, sales was ILS 815.98 million compared to ILS 835.45 million a year ago. Net income was ILS 30.69 million compared to ILS 75.62 million a year ago. Basic earnings per share from continuing operations was ILS 0.77 compared to ILS 1.91 a year ago.