Ace Capital Retail 2016 Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was ILS 118.902 million compared to ILS 179.416 million a year ago. Net loss was ILS 4.664 million compared to net income of ILS 8.532 million a year ago. Basic loss per share from continuing operations was ILS 0.23 compared to basic earnings per share from continuing operations of ILS 0.37 a year ago.