Palram Industries (1990) 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 439.13 million compared to ILS 415.84 million a year ago. Net income was ILS 47.95 million compared to ILS 11.11 million a year ago. Basic earnings per share from continuing operations was ILS 1.86 compared to ILS 0.43 a year ago. Diluted earnings per share from continuing operations was ILS 1.86.
For the nine months, sales was ILS 1,294.37 million compared to ILS 1,432.18 million a year ago. Net income was ILS 110.34 million compared to ILS 96.79 million a year ago. Basic earnings per share from continuing operations was ILS 4.29 compared to ILS 3.76 a year ago.