Albaad Massuot Yitzhak Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was ILS 447.37 million compared to ILS 377.57 million a year ago. Net income was ILS 7.27 million compared to net loss of ILS 14.76 million a year ago. Basic earnings per share from continuing operations was ILS 0.57 compared to ILS 0.67 a year ago. Basic earnings per share was ILS 0.39 compared to basic loss per share of ILS 1.18 a year ago. Diluted earnings per share was ILS 0.39.
For the six months, sales was ILS 860.66 million compared to ILS 732.28 million a year ago. Net income was ILS 8.11 million compared to net loss of ILS 17.74 million a year ago. Basic earnings per share from continuing operations was ILS 0.91 compared to ILS 1.23 a year ago. Basic earnings per share was ILS 0.43 compared to basic loss per share of ILS 1.42 a year ago.