Corporate News

Strauss Group Q2 Income Increases

Strauss Group reported that its second quarter income attributable to the company's shareholders increased to NIS 82 million from NIS 73 million in the prior year.

But non-GAAP Net income attributable to shareholders of the company was NIS 83 million, a decline of 2.4% compared to the second quarter of 2023.

Sales for the second quarter grew to NIS 1.70 billion from NIS 1.63 billion in the prior year. Non-GAAP revenues for the second quarter were NIS 2.75 billion, up 4.9% compared to the same quarter last year.

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by RTTNews Staff Writer

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