Carasso Motors Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was ILS 1,515.12 million compared to ILS 898.72 million a year ago. Net income was ILS 89.06 million compared to ILS 126.47 million a year ago.

Basic earnings per share from continuing operations was ILS 1 compared to ILS 1.42 a year ago. Diluted earnings per share from continuing operations was ILS 0.97 compared to ILS 1.34 a year ago.