G City Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was ILS 557 million compared to ILS 585 million a year ago. Net loss was ILS 321 million compared to net income of ILS 137 million a year ago. Basic loss per share from continuing operations was ILS 2.03 compared to basic earnings per share from continuing operations of ILS 0.91 a year ago. Diluted loss per share from continuing operations was ILS 2.03 compared to diluted earnings per share from continuing operations of ILS 0.9 a year ago.