N.R. Spuntech Industries 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 179.98 million compared to ILS 166.85 million a year ago. Net income was ILS 7.28 million compared to net loss of ILS 1.9 million a year ago. Basic earnings per share from continuing operations was ILS 0.11 compared to basic loss per share from continuing operations of ILS 0.03 a year ago. Diluted earnings per share from continuing operations was ILS 0.11 compared to diluted loss per share from continuing operations of ILS 0.03 a year ago.
For the six months, sales was ILS 365.1 million compared to ILS 338.13 million a year ago. Net income was ILS 5.38 million compared to net loss of ILS 4.31 million a year ago. Basic earnings per share from continuing operations was ILS 0.08 compared to basic loss per share from continuing operations of ILS 0.06 a year ago. Diluted earnings per share from continuing operations was ILS 0.08 compared to diluted loss per share from continuing operations of ILS 0.06 a year ago.