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Article: Brill Shoe Q1 sales increase: First quarter profit increased 10.1% to NIS 5.6 million.
- Article from:
- Globes
- Article date:
- May 30, 2007
CopyrightCOPYRIGHT 2007 Globes. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Shira Horesh
May 30--Brill Shoe Industries Ltd. (TASE: BRIL) published its financial report for the first quarter of 2007 today. The company posted a net profit of NIS 5.6 million, 10.1 percent higher than the NIS 5.1 million for the corresponding quarter in 2006.
Sales rose 15.8 percent to NIS 83.2 million, from NIS 71.8 million for the corresponding quarter. Operating profit for the quarter rose 1.2 percent to NIS 8.4 million from NIS 8.3 million for the corresponding quarter.
Brill CEO Yehuda Elbaz said, "We've opened 2007 with an improvement in all variables with continuing ...