Israeli food distributor G. Willi-Food booked a drop in profit for the first quarter as pressure on pricing and higher promotional costs hit the bottom line.
Israeli food distributor G. Willi-Food booked a drop in profit for the first quarter as pressure on pricing and higher promotional costs hit the bottom line.
Operating income fell 30% in the three months to NIS6.4m (US$1.8m) the company said. Net income fell 13.9%.
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