Norstar Holdings Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was ILS 580 million compared to ILS 557 million a year ago. Net loss was ILS 48 million compared to ILS 12 million a year ago. Basic loss per share from continuing operations was ILS 1.4 compared to ILS 0.35 a year ago. Diluted loss per share from continuing operations was ILS 1.4 compared to ILS 0.35 a year ago.
For the six months, sales was ILS 1,137 million compared to ILS 1,142 million a year ago. Net loss was ILS 252 million compared to net income of ILS 56 million a year ago. Basic loss per share from continuing operations was ILS 7.31 compared to basic earnings per share from continuing operations of ILS 1.73 a year ago. Diluted loss per share from continuing operations was ILS 7.31 compared to diluted earnings per share from continuing operations of ILS 1.73 a year ago.