2023-12-20 09:47:00
Amir Marketing and Investments in Agriculture reported strong financial results for the first nine months and the third quarter of 2023, with a significant increase in revenues from agricultural activity. After writing off the balance of its investment in the medical cannabis company BOL, the company’s finances were no longer affected by BOL, leading to a positive impact on their net profit.
In the field of plant protection and nutrition, the company saw an increase in revenues, attributed to a price increase in chemicals and weather changes. However, there was a decrease in the prices of fertilizers, leading to a drop in sales of these products. Revenues in packaging, mixtures, and other areas also saw positive growth, contributing to an overall increase in the company’s gross profit.
The CEO of Amir Marketing, Guy Binstock, expressed optimism about the future, stating that the end of the layoff year will continue to support the company’s activities. He also acknowledged the potential impact of the war on agricultural activities in conflict zones and expressed solidarity with the families of those affected by the conflict.
The company’s positive financial results reflect a strong performance in the agriculture sector and a commitment to maximizing profitability for shareholders. With a focus on improving agricultural activities, Amir Marketing looks to build on its success in the coming months.
Overall, the company’s financial outlook appears promising, with a clear strategy for continued growth and success in the agricultural market.
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