Kardan Real Estate Enterprise and Development Third Quarter 2023 Earnings: EPS: ₪0.09 (vs ₪0.10 in 3Q 2022)

Kardan Real Estate Enterprise and Development (TLV:KARE) Third Quarter 2023 Results

Key Financial Results

• Revenue: ₪139.8m (flat on 3Q 2022).
• Net income: ₪15.9m (down 15% from 3Q 2022).
• Profit margin: 11% (down from 13% in 3Q 2022).
• EPS: ₪0.09 (down from ₪0.10 in 3Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Kardan Real Estate Enterprise and Development shares are up 3.1% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Kardan Real Estate Enterprise and Development (1 is potentially serious!) that you should be aware of before investing here.

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