Bagir Group Ltd. reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported revenues from sales of $45,474,000 against $48,023,000 a year ago. Operating loss was $1,877,000 against $4,000 a year ago.

Loss before taxes on income was $3,152,000 against $2,368,000 a year ago. Loss attributable to equity holders of the company was $3,131,000 against $2,345,000 a year ago. Basic and diluted loss per share was $0.06 against $0.10 a year ago.

Net cash provided by operating activities was $2,426,000 against net cash used in operating activities of $8,318,000 a year ago. Purchase of property, plant and equipment were $52,000 against $113,000 a year ago. Additions to intangible assets were $75,000.

Adjusted LBITDA was $0.2 million against $1.7 million a year ago. Adjusted operating loss was $0.4 million against $1.5 million a year ago. Adjusted loss before tax was $1.7 million against $0.9 million a year ago.

Net debt at 30 June 2015 was $8.2 million against $12.5 million for the period ended December 31, 2014.