Michman Basad Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was ILS 10.47 million compared to ILS 11.65 million a year ago. Basic earnings per share from continuing operations was ILS 6.59 compared to ILS 7.65 a year ago. Diluted earnings per share from continuing operations was ILS 6.27 compared to ILS 6.25 a year ago.
For the nine months, net income was ILS 34.65 million compared to ILS 16.55 million a year ago. Basic earnings per share from continuing operations was ILS 22.39 compared to ILS 11.05 a year ago. Diluted earnings per share from continuing operations was ILS 21.12 compared to ILS 9 a year ago.