Plasto-Cargal Group Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was ILS 181.06 million compared to ILS 165.89 million a year ago. Net loss was ILS 12.75 million compared to net income of ILS 4.26 million a year ago. Basic loss per share from continuing operations was ILS 3.3 compared to basic earnings per share from continuing operations of ILS 1.1 a year ago.
For the six months, sales was ILS 388.15 million compared to ILS 330.86 million a year ago. Net loss was ILS 36.55 million compared to net income of ILS 6.1 million a year ago. Basic loss per share from continuing operations was ILS 9.2 compared to basic earnings per share from continuing operations of ILS 1.6 a year ago. Diluted loss per share from continuing operations was ILS 9.2 compared to diluted earnings per share from continuing operations of ILS 1.6 a year ago.