Adika Style Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was ILS 32.03 million compared to ILS 51.88 million a year ago. Net loss was ILS 11.92 million compared to ILS 12.41 million a year ago. Basic loss per share from continuing operations was ILS 0.44 compared to ILS 0.65 a year ago. Diluted loss per share from continuing operations was ILS 0.44 compared to ILS 0.65 a year ago. Basic loss per share was ILS 0.44 compared to ILS 0.59 a year ago. Diluted loss per share was ILS 0.44 compared to ILS 0.59 a year ago.