G City 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 580 million compared to ILS 557 million a year ago. Net loss was ILS 74 million compared to ILS 18 million a year ago. Basic loss per share from continuing operations was ILS 0.45 compared to ILS 0.12 a year ago. Diluted loss per share from continuing operations was ILS 0.45 compared to ILS 0.12 a year ago.
For the six months, sales was ILS 1,137 million compared to ILS 1,142 million a year ago. Net loss was ILS 395 million compared to net income of ILS 119 million a year ago. Basic loss per share from continuing operations was ILS 2.44 compared to basic earnings per share from continuing operations of ILS 0.78 a year ago.