Villar International 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 44.99 million compared to ILS 39.75 million a year ago. Revenue was ILS 68.56 million compared to ILS 68.28 million a year ago. Net income was ILS 56.61 million compared to ILS 112.22 million a year ago. Basic earnings per share from continuing operations was ILS 3.2 compared to ILS 6.32 a year ago. Diluted earnings per share from continuing operations was ILS 3.2.
For the six months, sales was ILS 88.54 million compared to ILS 77.8 million a year ago. Revenue was ILS 135.63 million compared to ILS 148.27 million a year ago. Net income was ILS 90.36 million compared to ILS 155.93 million a year ago. Basic earnings per share from continuing operations was ILS 5.1 compared to ILS 8.78 a year ago.