Globrands Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was ILS 868.75 million compared to ILS 774.94 million a year ago. Revenue was ILS 196.64 million compared to ILS 165.28 million a year ago.

Net income was ILS 18.08 million compared to ILS 17.33 million a year ago. Basic earnings per share from continuing operations was ILS 14.71 compared to ILS 14.1 a year ago. Diluted earnings per share from continuing operations was ILS 14.33 compared to ILS 14.1 a year ago.