Strauss Group Ltd. Q4 Profit Falls
(RTTNews) - Strauss Group Ltd. (SGLJF) announced earnings for fourth quarter that Drops, from last year
The company's earnings came in at NIS127 million, or NIS1.09 per share. This compares with NIS392 million, or NIS3.36 per share, last year.
Excluding items, Strauss Group Ltd. reported adjusted earnings of NIS151 million or NIS1.30 per share for the period.
The company's revenue for the period rose 12.2% to NIS2.007 billion from NIS1.789 billion last year.
Strauss Group Ltd. earnings at a glance (GAAP) :
-Earnings: NIS127 Mln. vs. NIS392 Mln. last year. -EPS: NIS1.09 vs. NIS3.36 last year. -Revenue: NIS2.007 Bln vs. NIS1.789 Bln last year.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.