G. Willi-Food international reports the results of second quarter 2023
YAVNE, Israel, Aug. 30, 2023 /PRNewswire/ -- 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 second quarter ended June 30, 2023.
Second Quarter Fiscal Year 2023
Sales increased by 4.9% to NIS 129.2 million (US$ 34.9 million) from NIS 123.2 million (US$ 33.3 million) in the second quarter of 2022.Gross profit decreased by 32.8% year-over-year to NIS 26.1 million (US$ 7.1 million).Operating profit decreased by 93.3% year-over-year to NIS 1.0 million (US$ 0.3 million).Net profit decreased by 32.6%