Shikun & Binui Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was ILS 1,902 million compared to ILS 2,145 million a year ago. Net loss was ILS 41 million compared to net income of ILS 78 million a year ago.

Basic loss per share from continuing operations was ILS 0.07 compared to basic earnings per share from continuing operations of ILS 0.16 a year ago. Diluted loss per share from continuing operations was ILS 0.07 compared to diluted earnings per share from continuing operations of ILS 0.16 a year ago.