Shikun & Binui Energy 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 28.88 million compared to ILS 39.66 million a year ago. Net income was ILS 97.29 million compared to ILS 61.6 million a year ago. Basic earnings per share from continuing operations was ILS 0.11 compared to ILS 0.1 a year ago. Diluted earnings per share from continuing operations was ILS 0.11 compared to ILS 0.1 a year ago.
For the six months, sales was ILS 54.02 million compared to ILS 59.36 million a year ago. Net income was ILS 198.26 million compared to ILS 75.59 million a year ago. Basic earnings per share from continuing operations was ILS 0.21 compared to ILS 0.13 a year ago.