O.Y. Nofar Energy 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 88 million compared to ILS 92.93 million a year ago. Revenue was ILS 84.39 million compared to ILS 97.09 million a year ago. Net loss was ILS 22.17 million compared to net income of ILS 0.038 million a year ago. Basic loss per share from continuing operations was ILS 0.62 compared to basic earnings per share from continuing operations of ILS 0.001 a year ago.
For the six months, sales was ILS 161.23 million compared to ILS 184.84 million a year ago. Revenue was ILS 173.63 million compared to ILS 191.37 million a year ago. Net loss was ILS 44.49 million compared to ILS 7.41 million a year ago. Basic loss per share from continuing operations was ILS 1.25 compared to ILS 0.22 a year ago. Diluted loss per share from continuing operations was ILS 1.25.