Israel Land Development - Urban Renewal 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 11.13 million compared to ILS 2.15 million a year ago. Net loss was ILS 5.02 million compared to ILS 11.41 million a year ago. Basic loss per share from continuing operations was ILS 0.08 compared to ILS 0.22 a year ago. Diluted loss per share from continuing operations was ILS 0.08.
For the six months, sales was ILS 20.93 million compared to ILS 3.26 million a year ago. Net loss was ILS 12.67 million compared to ILS 18.64 million a year ago. Basic loss per share from continuing operations was ILS 0.22 compared to ILS 0.39 a year ago.