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Clal Electronics Profits Light Up
Clal Electronics Industries ended the second quarter of 1991 with a profit of NIS 30.8 million compared to NIS 12 million in the same quarter last year. A majority of the profit was derived from the sale of shares of ECI Telecom and Scitex, which produced a capital gain of NIS 20.7 million in the second quarter. Profits for the first six months of 1991 totaled NIS 40.3 million versus NIS 19.8 million for the first half of 1990. …