Consolidated Income revenues and gains for the three months period ended June 30, 2013 amounted to NIS 124 million ($ 34 million) compared to NIS 132 million in the corresponding period in 2012.
Revenues from the sale of fashion retail amounted to NIS 37 million ($ 10 million) in Q2 2013 compared to NIS 32 million in Q2 2012. The increase is mainly attributable to increase in revenue from same store.
Cost of fashion retail amounted to NIS 35 million ($ 10 million) in Q2 2013 compared to NIS 32 million in Q2 2012. The increase resulted from the increase in the revenue as aforementioned.
Revenues from hotels operations and management amounted to NIS 55 million ($ 15 million) in Q2 2013 and in Q2 2012.
Costs and expenses of hotels operations and management amounted to NIS 47 million ($ 13 million) in Q2 2013 compared to NIS 49 million in Q2 2012.
Rental income from commercial centers amounted to NIS 32 million ($ 9 million) in Q2 2013 compared to NIS 37 million in Q2 2012. The decrease is mainly attributable to the decreases in Fantasy Park operation.
Cost of commercial centers amounted to NIS 27 million ($ 8 million) in Q2 2013 compared to NIS 36 million in Q2 2012. The decrease is resulted from decreases in Fantasy Park operation as aforementioned and to increasing efficiency during 2013 in PC general and administrative expenses.
General and administrative expenses amounted to NIS 15 million ($ 4 million) in Q2 2013 compared to NIS 10 million in Q2 2012. The increase in mainly attributable to expenses relating to the Arrangement of the Company's unsecured financial debt.
Share in losses of associated, net amounted to NIS 33 million ($ 9 million) compared to Income of NIS 7 million ($ 2 million) in the corresponded period. Such losses in Q2 2013 are mainly attributable to the sale of project in India in the total loss of NIS 25 million ($ 7 million) and NIS 6 million ($ 2 million) relating to the operations of Insightec.
Elbit Imaging Ltd.
Fashion | On 24th Feb 2017
Google has partnered with British fashion designer Christian Cowan to ...
Textiles | On 24th Feb 2017
The value of textile and garment exports made by Pakistan decreased...
Fashion | On 24th Feb 2017
Suntchi (Shanghai) Brand & Technology Co Ltd, a full-service...
Shiladitya K Joshi
Truetzschler India Private Limited
India ITME provides a platform to interact with our stakeholders
‘France had a reputation of being big in new ideas, but poor in marketing...
Mangalam Industries Pvt Ltd
‘The manufacturing sector is improving day-by-day, becoming better in...
Schlegel und Partner
Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...
Voith Paper GmbH & Co. KG
The glass mat industry is growing by five to eight per cent annually. Kai...
Larry L Kinn
Larry L Kinn, Senior Vice President - Operations Americas of Suominen...
Somaiya Kala Vidya
Among the many honours showered on Frater, including Fulbright and Ford...
"Now we can see the Russian trend in international fashion. And Russian...
Label Ritu Kumar
‘Classics will return’ "There are a lot of people wearing western clothes ...
Apparel/Garments | On 23rd Feb 2017