Telsys 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 138.75 million compared to ILS 129.17 million a year ago. Net income was ILS 31.72 million compared to ILS 27.78 million a year ago. Basic earnings per share from continuing operations was ILS 4.69 compared to ILS 4.28 a year ago. Diluted earnings per share from continuing operations was ILS 4.69.
For the nine months, sales was ILS 415.26 million compared to ILS 295.84 million a year ago. Net income was ILS 98.85 million compared to ILS 58.12 million a year ago. Basic earnings per share from continuing operations was ILS 14.61 compared to ILS 8.96 a year ago.