Multi Retail Group 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 183.46 million compared to ILS 189.52 million a year ago. Net loss was ILS 7.93 million compared to net income of ILS 0.764 million a year ago. Basic loss per share from continuing operations was ILS 0.35 compared to basic earnings per share from continuing operations of ILS 0.03 a year ago. Diluted loss per share from continuing operations was ILS 0.35 compared to diluted earnings per share from continuing operations of ILS 0.03 a year ago.
For the six months, sales was ILS 359.72 million compared to ILS 325.05 million a year ago. Net loss was ILS 20.12 million compared to ILS 3.85 million a year ago. Basic loss per share from continuing operations was ILS 0.89 compared to ILS 0.16 a year ago. Diluted loss per share from continuing operations was ILS 0.89 compared to ILS 0.16 a year ago.