G. Willi-Food international Reports improvements in major operational parameters in second quarter 2022 compared to second quarter 2021 YAVNE, Israel , Aug. 30, 2022 |PRNewswire| -- G. Willi-Food International Ltd. (NASDAQ: WILC ) (the " Company " or " Willi-Food "), a global company that specializes in the development, marketing and international distribution of kosher foods, today announced its unaudited financial results for the first quarter ended June 30, 2022 . Second Quarter Fiscal Year 2022 Sales increased by 7.7% to NIS 123.2 million ( US$ 35.2 million ) from NIS 114.3 million ( US$ 32.7 million ) in the second quarter of 2021. Gross profit increased by 5.0% year-over-year to NIS 38.8 million ( US$ 11.1 million ). Operating income increased by 5.5% year-over-year to NIS 14.5 million ( US$ 4.1 million ). Net profit decreased by 56.6% year-over-year to NIS 7.2 million ( US$ 2.1 million ). Cash and securities balance of NIS 305.5 million ( US$ 87.3 million ) as of June 30, 2022 . Basic earnings per share of NIS 0.5 (US$ 0.1) . Management Comment Zwi Williger Joseph Williger , Co-Chairmen of Willi-Food , commented: "We are pleased to present the second quarter 2022 financial results which show improvements in all operational parameters compared to the second quarter of 2021.