Kafrit Industries (1993) 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 271.25 million compared to ILS 291.38 million a year ago. Net income was ILS 8.96 million compared to ILS 17.26 million a year ago. Basic earnings per share from continuing operations was ILS 0.38 compared to ILS 0.72 a year ago. Diluted earnings per share from continuing operations was ILS 0.37 compared to ILS 0.72 a year ago.
For the six months, sales was ILS 548.05 million compared to ILS 555.41 million a year ago. Net income was ILS 19.71 million compared to ILS 35.39 million a year ago. Basic earnings per share from continuing operations was ILS 0.83 compared to ILS 1.48 a year ago. Diluted earnings per share from continuing operations was ILS 0.82 compared to ILS 1.47 a year ago.