Norstar Holdings Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was ILS 565 million compared to ILS 571 million a year ago. Net loss was ILS 22 million compared to net income of ILS 111 million a year ago. Basic loss per share from continuing operations was ILS 0.66 compared to basic earnings per share from continuing operations of ILS 3.43 a year ago. Diluted loss per share from continuing operations was ILS 0.66 compared to diluted earnings per share from continuing operations of ILS 3.43 a year ago.
For the nine months, sales was ILS 1,702 million compared to ILS 1,713 million a year ago. Net loss was ILS 274 million compared to net income of ILS 167 million a year ago. Basic loss per share from continuing operations was ILS 7.87 compared to basic earnings per share from continuing operations of ILS 5.16 a year ago. Diluted loss per share from continuing operations was ILS 7.87 compared to diluted earnings per share from continuing operations of ILS 5.16 a year ago.