OPC Energy Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was ILS 550 million compared to ILS 430 million a year ago. Net income was ILS 76 million compared to net loss of ILS 94 million a year ago. Basic earnings per share from continuing operations was ILS 0.36 compared to basic loss per share from continuing operations of ILS 0.51 a year ago. Diluted earnings per share from continuing operations was ILS 0.35 compared to diluted loss per share from continuing operations of ILS 0.51 a year ago.
For the nine months, sales was ILS 1,423 million compared to ILS 1,148 million a year ago. Net income was ILS 143 million compared to net loss of ILS 164 million a year ago. Basic earnings per share from continuing operations was ILS 0.7 compared to basic loss per share from continuing operations of ILS 0.88 a year ago. Diluted earnings per share from continuing operations was ILS 0.68 compared to diluted loss per share from continuing operations of ILS 0.88 a year ago.