Alrov Properties and Lodgings 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 366.9 million compared to ILS 286.07 million a year ago. Net income was ILS 28.66 million compared to net loss of ILS 53.03 million a year ago. Basic earnings per share from continuing operations was ILS 1.37 compared to basic loss per share from continuing operations of ILS 2.3 a year ago. Diluted earnings per share from continuing operations was ILS 1.37.
For the six months, sales was ILS 634.27 million compared to ILS 473.06 million a year ago. Net loss was ILS 76.56 million compared to ILS 65.55 million a year ago. Basic loss per share from continuing operations was ILS 3.6 compared to ILS 2.84 a year ago.