Baran Group 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 154.17 million compared to ILS 82.66 million a year ago. Net income was ILS 11.42 million compared to net loss of ILS 0.173 million a year ago. Basic earnings per share from continuing operations was ILS 0.57 compared to basic loss per share from continuing operations of ILS 0.01 a year ago. Diluted earnings per share from continuing operations was ILS 0.48 compared to diluted loss per share from continuing operations of ILS 0.01 a year ago.
For the nine months, sales was ILS 457.36 million compared to ILS 242.37 million a year ago. Net income was ILS 25.78 million compared to ILS 7.16 million a year ago. Basic earnings per share from continuing operations was ILS 1.29 compared to ILS 0.3 a year ago. Diluted earnings per share from continuing operations was ILS 1.08 compared to ILS 0.3 a year ago.