Adika Style Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was ILS 25.89 million compared to ILS 41.61 million a year ago. Net loss was ILS 15.03 million compared to ILS 5.84 million a year ago. Basic loss per share was ILS 0.55 compared to ILS 0.26 a year ago. Diluted loss per share was ILS 0.55.
For the nine months, sales was ILS 88.08 million compared to ILS 138.43 million a year ago. Net loss was ILS 41.62 million compared to ILS 28.01 million a year ago. Basic loss per share was ILS 1.53 compared to ILS 1.29 a year ago.