trending Market Intelligence /marketintelligence/en/news-insights/trending/J8ctwpHCAJoLchfmMchqwA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Fox-Wizel Q3 profit falls YOY

Blog

US utility commissioners: Who they are and how they impact regulation

Video

Climate Credit Analytics: Linking climate scenarios to financial impacts

Blog

Essential Energy Insights, April 2021

Blog

LCD Monthly: LIBOR: A dramedy for our times


Fox-Wizel Q3 profit falls YOY

Fox-Wizel Ltd. said its normalized net income for the third quarter amounted to 73 agorot per share, a decrease of 15.2% from 86 agorot per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 9.8 million shekels, a decrease of 14.7% from 11.5 million shekels in the prior-year period.

The normalized profit margin fell to 3.1% from 4.4% in the year-earlier period.

Total revenue rose 15.0% on an annual basis to 304.7 million shekels from 264.9 million shekels, and total operating expenses increased 18.0% from the prior-year period to 306.6 million shekels from 259.8 million shekels.

Reported net income declined 28.5% from the prior-year period to 12.9 million shekels, or 96 agorot per share, from 18.1 million shekels, or 1.35 shekels per share.

As of Nov. 17, US$1 was equivalent to 3.91 shekels.