Alony-Hetz Properties & Investments 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 332.08 million compared to ILS 293.24 million a year ago. Revenue was ILS 25.4 million compared to ILS 643.96 million a year ago. Net loss was ILS 452.13 million compared to net income of ILS 123.92 million a year ago. Basic loss per share from continuing operations was ILS 2.52 compared to basic earnings per share from continuing operations of ILS 0.71 a year ago. Diluted loss per share from continuing operations was ILS 2.52 compared to diluted earnings per share from continuing operations of ILS 0.66 a year ago.
For the six months, sales was ILS 654.35 million compared to ILS 573.55 million a year ago. Revenue was ILS 291.47 million compared to ILS 1,202.18 million a year ago. Net loss was ILS 670.32 million compared to net income of ILS 278.92 million a year ago. Basic loss per share from continuing operations was ILS 3.73 compared to basic earnings per share from continuing operations of ILS 1.6 a year ago. Diluted loss per share from continuing operations was ILS 3.73 compared to diluted earnings per share from continuing operations of ILS 1.54 a year ago.