Maytronics Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 17, 2021 at 12:24 pm EDT
Share
Maytronics Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was ILS 498.542 million compared to ILS 377.872 million a year ago. Operating income was ILS 137.556 million compared to ILS 98.583 million a year ago. Net income was ILS 105.043 million compared to ILS 74.098 million a year ago. Basic earnings per share from continuing operations was ILS 0.96 compared to ILS 0.68 a year ago. For the half year, sales was ILS 917.621 million compared to ILS 691.609 million a year ago. Operating income was ILS 249.811 million compared to ILS 173.802 million a year ago. Net income was ILS 191.645 million compared to ILS 135.339 million a year ago. Basic earnings per share from continuing operations was ILS 1.76 compared to ILS 1.25 a year ago. Diluted earnings per share from continuing operations was ILS 1.75 compared to ILS 1.25 a year ago.
Maytronics Ltd is an Israel-based company engaged in the development, production and sale of electronic robots for cleaning swimming pools. The Company's activity is divided into three segments such as, Robots for cleaning private pools engaged in development, production and marketing of robots for cleaning private swimming pools; Robots for cleaning public pools- engaged in development, production and marketing of robots for cleaning swimming pools; Segment of safety and related products for swimming pools that is active in development of safety products like alarms and other systems for detecting and preventing drowning in private and public swimming pools, pumps, filters, water heaters, water cleaning chemicals distributed through company's subsidiaries Maytronics U.S. Inc, MG International S.A., Maytronics Australia Pty Ltd.; and advanced research and development of systems for monitoring, controlling and treating pool water using.
MAYTRONICS LTD. 
