Shagrir Group Vehicle Services 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 30.85 million compared to ILS 10.44 million a year ago. Revenue was ILS 73.4 million compared to ILS 47.77 million a year ago. Net income was ILS 26.1 million compared to net loss of ILS 0.39 million a year ago. Basic earnings per share from continuing operations was ILS 2.63 compared to basic loss per share from continuing operations of ILS 0.04 a year ago. Diluted earnings per share from continuing operations was ILS 2.59 compared to diluted loss per share from continuing operations of ILS 0.04 a year ago.
For the six months, sales was ILS 61.42 million compared to ILS 19.41 million a year ago. Revenue was ILS 144.75 million compared to ILS 91.1 million a year ago. Net income was ILS 28.91 million compared to net loss of ILS 5.9 million a year ago. Basic earnings per share from continuing operations was ILS 2.94 compared to basic loss per share from continuing operations of ILS 0.63 a year ago. Diluted earnings per share from continuing operations was ILS 2.89 compared to diluted loss per share from continuing operations of ILS 0.63 a year ago.