Mr. Amos Ron Israel’s Ports Authority director general announced that the authority has ended up the first quarter of 2004 with an income of NIS 447m and profit before tax and depreciation of NIS 119m.
Mr. Ron said that the income registered during the first three months indicate an increase of 7% compared to the income in first quarter of 2003 ( NIS 328m ) and reduction in expenses of 12%.
The decrease in expenses is attributed to an effective costs reduction policy adopted by the authority mainly in wages and salaries.
Mr. Ron added that an increase of 9% in the quantities of cargoes moved through the three ports – 8.9 million tons, contributed NIS 35m to the total income generated by the authority.
Israel’s Ports authority – NIS 119M profit for first quarter
Mr. Amos Ron Israel’s Ports Authority director general announced that the authority has ended up the first quarter of 2004 with an income of NIS 447m and profit before tax and depreciation of NIS 119m
00:00 ,30.05.2004
Israel’s Ports authority – NIS 119M profit for first quarter
-
Found it useful? Share
-
Share on Facebook
-
Share on X
-
Share on LinkedIn
-
Share via Email
-
Share on WhatsApp
-
Print Article
Found it useful? Share
Related
31.03.2004
Israel’s Port authority is about to compensate shippers for extra costs incurred due to ports worker
31.03.2004
Federation of Chambers of Commerce: Government must open up standard approvals to competition
31.03.2004
“Turbo Cargo” is named as China Southern’s GSA to the Israel
31.03.2004
Heavy imports & extra lab examinations creates long delays in the release of food shipments
31.03.2004
Extra 30 days period for negotiations
30.11.-0001
CBS downgrades Israel's growth for 2012