Israel Canada (T.R) Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was ILS 86.14 million compared to ILS 54.67 million a year ago. Revenue was ILS 142.89 million compared to ILS 277.19 million a year ago.

Net loss was ILS 146.06 million compared to net income of ILS 202.94 million a year ago. Basic loss per share from continuing operations was ILS 0.4827 compared to basic earnings per share from continuing operations of ILS 0.694 a year ago. Diluted loss per share from continuing operations was ILS 0.4827 compared to diluted earnings per share from continuing operations of ILS 0.694 a year ago.