Carmel Corp Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was ILS 325.71 million compared to ILS 275.81 million a year ago. Net income was ILS 29.8 million compared to net loss of ILS 4.07 million a year ago.

Basic earnings per share from continuing operations was ILS 1.65 compared to basic loss per share from continuing operations of ILS 0.35 a year ago. Diluted earnings per share from continuing operations was ILS 1.65 compared to diluted loss per share from continuing operations of ILS 0.35 a year ago.