trending Market Intelligence /marketintelligence/en/news-insights/trending/UPMjeYZytDVaFewwBVRPWQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Gan Shmuel Foods Q1 profit falls YOY

Blog

So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?

Blog

Industry Top Trends 2021: Oil and Gas

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining


Gan Shmuel Foods Q1 profit falls YOY

Gan Shmuel Foods Ltd. said its normalized net income for the first quarter was 26 cents per share, a decrease of 17.7% from 32 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $4.0 million, a decline of 18.5% from $4.8 million in the prior-year period.

The normalized profit margin dropped to 6.8% from 8.0% in the year-earlier period.

Total revenue decreased on an annual basis to $58.3 million from $60.5 million, and total operating expenses declined on an annual basis to $51.5 million from $52.8 million.

Reported net income decreased 17.1% on an annual basis to $5.4 million, or 36 cents per share, from $6.5 million, or 43 cents per share.