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Operating costs cuts boost Strauss Group profit

The food company Strauss Group reported a significant increase in operating profit and net profit in the first quarter, driven by a rise in food prices and a sharp cut in operating expenses. The company's revenue rose by 9% to NIS 1.9 billion, with operating profit increasing by 170% to NIS 181 million. Net profit also saw a 68% rise to NIS 86 million.

Original article source: https://en.globes.co.il/en/article-operating-costs-cuts-boost-strauss-group-profit-1001511560
Source Id: 8698113993

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