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Article: US fuel sales contribute to Delek Group profit: The firm announces a further dividend of NIS 200 million.
- Article from:
- Globes
- Article date:
- August 29, 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: and Gil Shlomo
Aug. 29--Delek Group Ltd. (TASE: DLEKG) today published its consolidated financial report for the second quarter of 2007. Although the company's revenue rose to NIS 8.1 billion for the second quarter from NIS 6.33 billion for the corresponding quarter, net profit fell to NIS 433 million from NIS 710 million for the second quarter. The fall in profit was even greater -- to NIS 348 million -- if recently acquired insurance activity is excluded.
Delek Group's interests include fuel and energy, oil exploration, real estate, finance and insurance, vehicle imports, and biochemicals. A breakdown of the company's share in the net profit ...