Zim experienced a challenging quarter. Its overall fright carried dropped 4.3%. However, in light of an increase in freight charges, Zim revenue actually rose by 6%. Offsetting the increase in revenue, was the rising price of oil, which caused the company’s losses...
Rada Radar
Rada reported rapid growth in sales during the first quarter of 2019, during which time, company sales rose 44% to $8.7 million — thanks to a significant growth in its tactical radar systems.
Gross profit totaled $3.2 million...
Bank Mizrachi
Bank Mizrahi-Tefahot reported a net profit of NIS 404 million during the first quarter of 2019. This profit is up from NIS 343 earned by the Bank during the first quarter of 2018 and which represents an increase of 18%. Bank...
Israel Chemicals reported sales of $1.4 billion, which represents a .8% growth. That number is misleading since in the first quarter of 2018 there was a one time sale of $46 million. In addition, the exchange rate changes decreased the company’s income...
