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NetVision operating profit up 65% over corresponding quarter.
(From Israel Business Arena)
Byline: Guy Hadass
Although its international calls activity is still losing money, NetVision Ltd. (TASE: ) has published a good financial report for the third quarter of 2005. NetVision is one of Israel's three new international calls carriers, all of which posted have quarterly operating losses. However, the losses have been shrinking, becoming quite small for the third quarter.
NetVision posted NIS 87.4 million in revenue for the third quarter, 4.3% more tha the NIS 83.8 million posted for the second, and 15% more than for the corresponding quarter of 2004. The increase was due to new international calls' activity and …
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