Alon Blue Square Israel Ltd. (BSI) Reports Q1 Loss of NIS0.77
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Alon Blue Square Israel Ltd. (NYSE:BSI) Announces The Financial Results For The First Quarter Of 2015
May 27, 2015 4:01 PM EDTYAKUM, Israel, May 27, 2015 /PRNewswire/ --
The Company's revenues, net of government fess, in the first quarter of 2015 amounted to NIS 2.5 billion compared to NIS 2.7 billion in the first quarter of 2014. The decrease in revenues between periods mainly derived from a decrease in fuel prices in the Fueling and Commercial sites segment. Operating profit in the first quarter of 2015 amounted to NIS 1.4 million compared to a loss of NIS 74.9 million in the fourth quarter of 2014 and a profit of NIS 10.5 million in the first quarter of 2014. Cash flow from... More