Meshek Energy - Renewable Energies 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 19.22 million compared to ILS 17.54 million a year ago. Revenue was ILS 21.02 million compared to ILS 19.82 million a year ago. Net loss was ILS 39.3 million compared to ILS 34.38 million a year ago. Basic loss per share from continuing operations was ILS 0.06 compared to ILS 0.07 a year ago.
For the six months, sales was ILS 33.1 million compared to ILS 29.51 million a year ago. Revenue was ILS 37.56 million compared to ILS 31.99 million a year ago. Net loss was ILS 40.9 million compared to ILS 46.82 million a year ago. Basic loss per share from continuing operations was ILS 0.07 compared to ILS 0.15 a year ago.