Delek Q2 profit slips as finance expenses rise

Newswire

* Q2 profit 64 million shekels, vs 223 million * Cites stronger yen vs shekel JERUSALEM, Aug 31 (Reuters) - Israeli energy, automotive and real estate conglomerate Delek Group reported a drop in quarterly net profit, weighed down by higher financial expenses due to yen strength versus the shekel. Delek posted second-quarter net profit of 64 million shekels ($17 million) on Tuesday, down from 223 million a year ago. Revenue slipped to 10.4 billion shekels from 10.8 billion despite ...

Premium Content (PAID Subscription Required)

"Delek Q2 profit slips as finance expenses rise" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×