Shikun & Binui 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 4,231 million compared to ILS 3,296 million a year ago. Net loss was ILS 252 million compared to net income of ILS 164 million a year ago. Basic loss per share from continuing operations was ILS 0.46 compared to basic earnings per share from continuing operations of ILS 0.36 a year ago. Diluted loss per share from continuing operations was ILS 0.46 compared to diluted earnings per share from continuing operations of ILS 0.36 a year ago.
For the six months, sales was ILS 2,086 million compared to ILS 1,733 million a year ago. Net loss was ILS 330 million compared to net income of ILS 112 million a year ago. Basic loss per share from continuing operations was ILS 0.6 compared to basic earnings per share from continuing operations of ILS 0.25 a year ago. Diluted loss per share from continuing operations was ILS 0.6 compared to diluted earnings per share from continuing operations of ILS 0.24 a year ago.