Israeli foodmaker Osem Investments has posted a 7.5% increase in third-quarter net profit, according to reports.
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.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now
