Carmel Corp Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was ILS 5.96 million compared to ILS 10.27 million a year ago. Net income was ILS 4.91 million compared to ILS 9.96 million a year ago. Basic earnings per share from continuing operations was ILS 0.49 compared to ILS 1 a year ago. Diluted earnings per share from continuing operations was ILS 0.49.
For the six months, revenue was ILS 7.98 million compared to ILS 17.59 million a year ago. Net income was ILS 6.23 million compared to ILS 16.9 million a year ago. Basic earnings per share from continuing operations was ILS 0.62 compared to ILS 1.69 a year ago.