Israel Canada (T.R) 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 105.04 million compared to ILS 78.4 million a year ago. Revenue was ILS 157.58 million compared to ILS 595.62 million a year ago. Net income was ILS 4.27 million compared to ILS 51.51 million a year ago. Basic earnings per share from continuing operations was ILS 0.0141 compared to ILS 0.1762 a year ago. Diluted earnings per share from continuing operations was ILS 0.0141 compared to ILS 0.1762 a year ago.
For the six months, sales was ILS 191.18 million compared to ILS 133.07 million a year ago. Revenue was ILS 300.47 million compared to ILS 872.8 million a year ago. Net loss was ILS 141.8 million compared to net income of ILS 254.45 million a year ago. Basic loss per share from continuing operations was ILS 0.4686 compared to basic earnings per share from continuing operations of ILS 0.8707 a year ago. Diluted loss per share from continuing operations was ILS 0.4686 compared to diluted earnings per share from continuing operations of ILS 0.8707 a year ago.