News Briefs

  אב 29, 5771 , 29/08/11

Africa-Israel: NIS 82 Million Profit in Second Quarter

The Africa Israel investment company reported a net profit of 82 million shekels during the second quarter of 2011 on Monday. The figure compares to a loss of 234 million during the same period last year, due to debt retirement.

Lev Levayev's company is expected to post a 60-million-shekel pre-tax profit during the third quarter.

Other archived news briefs:Aug 29 2011, 10:14 AM, 8/29/2011