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EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2021

NOTE 16 - EARNINGS PER SHARE

During the periods, there were no potential instruments that could be exercised or converted to ordinary shares. The net income and the weighted average number of shares used in computing basic and diluted earnings per share for the years ended December 31, 2021, 2020 and 2019, are as follows:

	US dollars
	Year ended December 31,
(in thousands)	2021		2020		2019
Net income attributable to stockholder's used for the computation of basic and diluted earnings per share		34,256		16,123		6,889

	Number of shares
	Year ended December 31,
(in thousands)	2021		2020		2019
Weighted average number of shares used in the computation of basic and diluted earnings per share		20,769		20,813		21,037