Elco Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was ILS 18,702.65 million compared to ILS 18,625.51 million a year ago. Revenue was ILS 18,795.1 million compared to ILS 19,119.64 million a year ago.

Net loss was ILS 288.74 million compared to net income of ILS 429.54 million a year ago. Basic loss per share was ILS 10.65 compared to basic earnings per share of ILS 15.76 a year ago. Diluted loss per share was ILS 10.75 compared to diluted earnings per share of ILS 14.44 a year ago.