Rapac Communication & Infrastructure 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 148.15 million compared to ILS 159.45 million a year ago. Net loss was ILS 6.21 million compared to net income of ILS 17.09 million a year ago. Basic loss per share was ILS 0.4 compared to basic earnings per share of ILS 1.11 a year ago.
For the six months, sales was ILS 268.99 million compared to ILS 315.77 million a year ago. Net income was ILS 10.39 million compared to ILS 31.48 million a year ago. Basic earnings per share was ILS 0.68 compared to ILS 2.05 a year ago.