Ram-On Investments and Holdings (1999) 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 0.833 million compared to ILS 0.907 million a year ago. Net loss was ILS 7.78 million compared to net income of ILS 0.256 million a year ago. Basic loss per share from continuing operations was ILS 0.46 compared to basic earnings per share from continuing operations of ILS 0.015 a year ago. Diluted loss per share from continuing operations was ILS 0.46.
For the six months, sales was ILS 1.74 million compared to ILS 1.82 million a year ago. Net loss was ILS 3.17 million compared to net income of ILS 22.94 million a year ago. Basic loss per share from continuing operations was ILS 0.18 compared to basic earnings per share from continuing operations of ILS 1.37 a year ago.