Meshulam Levinstein Contracting & Engineering 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 97.22 million compared to ILS 99.62 million a year ago. Revenue was ILS 150.79 million compared to ILS 169.2 million a year ago. Net income was ILS 15.52 million compared to ILS 18.64 million a year ago. Basic earnings per share from continuing operations was ILS 4.25 compared to ILS 5.11 a year ago. Diluted earnings per share from continuing operations was ILS 4.25.
For the nine months, sales was ILS 315.9 million compared to ILS 284.24 million a year ago. Revenue was ILS 486.67 million compared to ILS 580.67 million a year ago. Net income was ILS 53.56 million compared to ILS 94.77 million a year ago. Basic earnings per share from continuing operations was ILS 14.67 compared to ILS 25.96 a year ago.