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Petrochemical Enterprises profit plummet. (Israel Petrochemical Enterprises Ltd.) (Chemicals)
Petrochemical Enterprises Profit Plummet
Israel Petrochemical Enterprises completed 1989 with a net profit of NIS 5.3 million, compared with profits of NIS 32.2 million for 1988. Revenue from 1989 sales totaled NIS 205.5 million, compared with NIS 245 million in 1988. Costs amounted to NIS 196 million in 1989, compared with NIS 194 million the previous year. Operating profits decreased …
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