Meshulam Levinstein Contracting & Engineering 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 100.65 million compared to ILS 84.62 million a year ago. Revenue was ILS 148.02 million compared to ILS 211.21 million a year ago. Net income was ILS 14.02 million compared to ILS 41.02 million a year ago. Basic earnings per share from continuing operations was ILS 3.84 compared to ILS 11.24 a year ago. Diluted earnings per share from continuing operations was ILS 3.84 compared to ILS 11.24 a year ago.
For the six months, sales was ILS 218.68 million compared to ILS 184.62 million a year ago. Revenue was ILS 335.88 million compared to ILS 412.61 million a year ago. Net income was ILS 38.03 million compared to ILS 76.13 million a year ago. Basic earnings per share from continuing operations was ILS 10.42 compared to ILS 20.86 a year ago. Diluted earnings per share from continuing operations was ILS 10.42 compared to ILS 20.86 a year ago.