G. Willi-Food International Ltd. (NASDAQ: WILC) (the
Company or
Willi-Food ), a global company that specializes in the development, marketing and international distribution of kosher foods, today announced its unaudited financial results for the first quarter ended March 31, 2021.
First Quarter Fiscal Year 2021
Sales decreased by 9.6% year-over-year to NIS 116.7 million (US$ 35.0 million).
Gross profit decreased by 12.7% year-over-year to NIS 36.2 million (US$ 10.9 million).
Operating profit decreased by 20.9% year-over-year to NIS 15.0 million (US$ 4.5 million).
Total financial income increased by 166.1% year-over-year to NIS 11.5 million (US$ 3.5 million).
Income before taxes increased by 1,566.8% year-over-year to NIS 26.6 million (US$ 8.0 million).
Net profit increased by 1,634.2% year-over-year to NIS 20.5 million (US$ 6.1 million).
G Willi-Food International Reports a Record High Year With Sales, and All Profit Parameters
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G Willi-Food International to Reschedule Fourth Quarter and Full Year 2020 Earnings Release
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G. Willi-Food International Ltd. (NASDAQ: WILC) (TASE: WILC) (the
Company or
Willi-Food ), a global company that specializes in the development, marketing and international distribution of kosher foods, announced today that Ms. Einat Peled Shapira submitted notice of her resignation as CEO of the Company, effective as of April 1, 2021.
The Company s Board of Directors thanks Ms. Peled Shapira for her service and wishes her every success in her future endeavors.
The Company is currently searching for a replacement for Ms. Peled Shapira as CEO.
About G. Willi-Food International Ltd.
G. Willi-Food International Ltd. (http://www.willi-food.com) is an Israeli-based company specializing in high-quality, great-tasting kosher food products. Willi-Food is engaged directly and through its subsidiaries in the design, import, marketing and distribution of over 600 food products worldwide. As one of Israel s leading food importers, Willi-Food markets and sells its food products to ov