Telsys 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 143.65 million compared to ILS 93.85 million a year ago. Net income was ILS 38.1 million compared to ILS 19.38 million a year ago. Basic earnings per share from continuing operations was ILS 5.87 compared to ILS 2.99 a year ago. Diluted earnings per share from continuing operations was ILS 5.87 compared to ILS 2.99 a year ago.
For the six months, sales was ILS 276.51 million compared to ILS 166.67 million a year ago. Net income was ILS 67.13 million compared to ILS 30.34 million a year ago. Basic earnings per share from continuing operations was ILS 10.35 compared to ILS 4.68 a year ago. Diluted earnings per share from continuing operations was ILS 10.34 compared to ILS 4.68 a year ago.