Shikun & Binui Ltd. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For six months, revenues from work performed and sales were ILS 2,183,912,000 against ILS 2,506,973,000 a year ago. Operating profit was ILS 282,938,000 against ILS 359,537,000 a year ago. Profit before taxes on income was ILS 99,283,000 against ILS 196,398,000 a year ago. Profit attributable to owners of the company was ILS 56,016,000 against ILS 143,878,000 a year ago. Basic and diluted earnings per share were ILS 0.14 against ILS 0.36 a year ago. During the first half of 2016, the Group recorded ILS 312 million in cash flow from ongoing activities compared with ILS 314.3 million during the first half of 2015. For the quarter, revenues from work performed and sales were ILS 1,069,956,000 against ILS 1,112,716,000 a year ago. Operating profit was ILS 122,911,000 against ILS 89,860,000 a year ago. Loss before taxes on income was ILS 16,874,000 against profit of ILS 47,727,000 a year ago. Loss attributable to owners of the company was ILS 37,439,000 against profit of ILS 34,198,000 a year ago. Basic and diluted loss per share was ILS 0.09 against earnings of ILS 0.09 a year ago. During the second quarter of 2016, the Group reported positive cash flow totaling ILS 51.9 million compared with a negative cash flow of ILS 115.1 million during the second quarter of 2015. The positive change reflected the payments received during the period from the Nigerian government.