Israeli foodmaker Osem Investments has posted a 7.5% increase in third-quarter net profit, according to reports.
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The Israeli company, which is 53.8% owned by Nestle, posted a net profit of ILS63.95m (US$16.3m) or 0.58 shekels per share from ILS59.5m or 0.54 shekels per share a year earlier, Reuters reported.
Sales rose 14.1% to ILS863m.
