August 18, 2024 at 07:56
Gan Shmuel Foods Ltd. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported revenue of US$76.94 million compared to US$70.11 million a year ago. Net income was US$12.84 million compared to US$2.28 million a year ago. Basic earnings per share from continuing operations was US$0.85 compared to US$0.15 a year ago. Diluted earnings per share from continuing operations was US$0.85 compared to US$0.15 a year ago.
For the six months, revenue was US$156.15 million compared to US$124.14 million a year ago. Net income was US$26.4 million compared to US$4.86 million a year ago. Basic earnings per share from continuing operations were US$1.75 compared to US$0.32 a year ago. Diluted earnings per share from continuing operations were US$1.75 compared to US$0.32 a year ago.
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