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


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


Industry Top Trends 2021: Oil and Gas


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.