G. Willi-Food (WILC) Swings to Q2 Profit

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G. Willi-Food Reports Q2 2016 Operating Income Up 144.1% From Q2 2015

August 15, 2016 11:25 AM EDT

YAVNE, Israel, Aug. 15, 2016 /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, 2016.

Second Quarter Fiscal 2016 Highlights (income statement highlights compared to same period last year):

Operating income increased 144.1% from second quarter of 2015 to NIS 7.9 million (US$ 2.1 million), or 10.3% of sales Gross profit increased 39% from second quarter of 2015 to NIS 21.5 million (US$ 5.6... More