C. Mer Industries Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was ILS 113.28 million compared to ILS 104.47 million a year ago. Net loss was ILS 10.08 million compared to net income of ILS 0.506 million a year ago. Basic loss per share from continuing operations was ILS 0.7 compared to basic earnings per share from continuing operations of ILS 0.05 a year ago. Basic loss per share was ILS 0.77 compared to basic earnings per share of ILS 0.04 a year ago.
For the six months, sales was ILS 218.61 million compared to ILS 191.74 million a year ago. Net loss was ILS 9.68 million compared to ILS 2.92 million a year ago. Basic loss per share from continuing operations was ILS 0.65 compared to ILS 0.13 a year ago. Basic loss per share was ILS 0.74 compared to ILS 0.22 a year ago.