Generation Capital 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 25.02 million compared to ILS 1.17 million a year ago. Negative revenue was ILS 10.81 million compared to ILS 40.22 million a year ago. Net loss was ILS 38.39 million compared to ILS 53.83 million a year ago. Basic loss per share from continuing operations was ILS 0.03 compared to ILS 0.043 a year ago. Diluted loss per share from continuing operations was ILS 0.03 compared to ILS 0.043 a year ago.
For the six months, sales was ILS 58.55 million compared to ILS 66.43 million a year ago. Revenue was ILS 292.78 million compared to ILS 86.84 million a year ago. Net income was ILS 164.75 million compared to ILS 28.27 million a year ago. Basic earnings per share from continuing operations was ILS 0.131 compared to ILS 0.022 a year ago. Diluted earnings per share from continuing operations was ILS 0.13 compared to ILS 0.022 a year ago.