Baran Group Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was ILS 90.27 million compared to ILS 83.12 million a year ago. Net income was ILS 12.65 million compared to ILS 13.95 million a year ago. Basic earnings per share from continuing operations was ILS 0.62 compared to ILS 0.64 a year ago. Diluted earnings per share from continuing operations was ILS 0.62 compared to ILS 0.53 a year ago. Basic earnings per share was ILS 0.64. Diluted earnings per share was ILS 0.63.
For the six months, sales was ILS 159.71 million compared to ILS 151.57 million a year ago. Net income was ILS 7.33 million compared to ILS 14.99 million a year ago. Basic earnings per share from continuing operations was ILS 0.31 compared to ILS 0.67 a year ago. Diluted earnings per share from continuing operations was ILS 0.31 compared to ILS 0.56 a year ago.