Arad Investment & Industrial Development Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was ILS 978.71 million compared to ILS 701.02 million a year ago. Net income was ILS 12.19 million compared to ILS 42.36 million a year ago.

Basic earnings per share from continuing operations was ILS 1.79. Basic earnings per share was ILS 1.79 compared to ILS 6.23 a year ago.