Paz Oil Company 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 3,630 million compared to ILS 3,936 million a year ago. Net loss was ILS 238 million compared to net income of ILS 2 million a year ago. Basic earnings per share from continuing operations was ILS 10.2 compared to ILS 19.6 a year ago. Diluted earnings per share from continuing operations was ILS 9.7 compared to ILS 18.8 a year ago.
For the nine months, sales was ILS 10,220 million compared to ILS 10,641 million a year ago. Net loss was ILS 68 million compared to net income of ILS 148 million a year ago. Basic earnings per share from continuing operations was ILS 25.4 compared to ILS 29.8 a year ago. Diluted earnings per share from continuing operations was ILS 24.4 compared to ILS 28.7 a year ago.