Donitz’s net profit is down, what’s the reason the revenues crashed?

by time news

The volume of sales of Donitz-Elad in the first half was about NIS 175 million. The operating profit in the first half of 2022 amounted to approximately NIS 70.9 million, compared to a profit of approximately NIS 110.8 million in 2022, as an increase was recorded following the profit recorded following the completion of the Elad purchase transaction. The net profit in the first half of 2022 amounted to approximately NIS 70 million, compared to a profit of approximately NIS 83.4 million in the corresponding half last year.

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