Generation Capital Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported negative revenue was ILS 40.22 million compared to revenue of ILS 193.24 million a year ago. Net loss was ILS 53.83 million compared to net income of ILS 138.07 million a year ago. Basic loss per share from continuing operations was ILS 0.043 compared to basic earnings per share from continuing operations of ILS 0.125 a year ago. Diluted loss per share from continuing operations was ILS 0.043 compared to diluted earnings per share from continuing operations of ILS 0.124 a year ago.
For the six months, revenue was ILS 86.84 million compared to ILS 250.45 million a year ago. Net income was ILS 28.27 million compared to ILS 177.72 million a year ago. Basic earnings per share from continuing operations was ILS 0.022 compared to ILS 0.161 a year ago. Diluted earnings per share from continuing operations was ILS 0.022 compared to ILS 0.16 a year ago.