Shemen Industries Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was ILS 69.716 million compared to ILS 69.459 million a year ago. Operating income was ILS 3.830 million compared to ILS 5.383 million a year ago. Net loss was ILS 13.166 million compared to net income of ILS 2.797 million a year ago. Basic loss per share was ILS 0.59 compared to basic earnings per share of ILS 0.13 a year ago. Basic earnings per share from continuing operations was ILS 0.08 compared to ILS 0.12 a year ago.