trending Market Intelligence /marketintelligence/en/news-insights/trending/yK42pvnIJdM56KZbt6e_Yw2 content esgSubNav
In This List

G. Willi-Food International Q1 profit climbs 16.4% YOY


Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity


2023 Big Picture: US Consumer Survey Results


Insight Weekly: Bank mergers of equals return; energy tops S&P 500; green bond sales to rise

G. Willi-Food International Q1 profit climbs 16.4% YOY

G. Willi-Food International Ltd. said its normalized net income for the first quarter came to 30 agorot per share, a gain of 15.1% from 26 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 3.9 million shekels, a gain of 16.4% from 3.4 million shekels in the prior-year period.

The normalized profit margin increased to 4.8% from 3.9% in the year-earlier period.

Total revenue declined on an annual basis to 82.6 million shekels from 86.2 million shekels, and total operating expenses fell 9.5% from the prior-year period to 74.6 million shekels from 82.5 million shekels.

Reported net income rose 80.7% on an annual basis to 4.7 million shekels, or 36 agorot per share, from 2.6 million shekels, or 20 agorot per share.

As of May 31, US$1 was equivalent to 3.85 shekels.