Shikun & Binui Energy 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 43.88 million compared to ILS 56.8 million a year ago. Net income was ILS 30.64 million compared to ILS 30.16 million a year ago. Basic earnings per share from continuing operations was ILS 0.03 compared to ILS 0.03 a year ago. Diluted earnings per share from continuing operations was ILS 0.03 compared to ILS 0.02 a year ago.
For the nine months, sales was ILS 97.9 million compared to ILS 116.16 million a year ago. Net income was ILS 228.89 million compared to ILS 105.74 million a year ago. Basic earnings per share from continuing operations was ILS 0.25 compared to ILS 0.12 a year ago. Diluted earnings per share from continuing operations was ILS 0.25 compared to ILS 0.1 a year ago.