Eltek Ltd (ELTK)
Sector • Technology Industry • Semiconductors |
Industry • Semiconductors |
Sector • Technology |
Eltek Ltd recorded fourth quarter of 2022 operating profit of $2.971 millions
Published Mar 25 2023
CSIMarket Team / CSIMarket.com
Eltek Ltd s' profits deteriorated, in spite of Revenue advance in the fourth quarter of 2022 financial report, EPS dropped by -36.05 % to $0.55 per share, while Revenue increased considerably by 17.228 % to $39.65 millions, from the comparable reporting period a year before.
from the prior reporting period from $0.00 per share, from $0.00 millions.
Earnings of $3.194 millions in the financial interval ending December 31 2022 fell by -36.61 % from $5.039 millions in the corresponding period a year before. Eltek Ltd shifted it's focus on improving sales in the financial interval ending December 31 2022, as a result net margin eased to 8.06%.
Operating earnings, however, rose 52.44% to $2.971 millions. Observing deeper the financial numbers for the financial year 2022, ELTK reported Revenues of $39.65 millions and net profits of $3.19 millions.
Semiconductors company voiced also, that profits deteriorated by -36.05 % to $0.55 per share from $0.86 in the previous financial year , contributesRevenues improved by 17.23 % from $33.82 millions a year before.
Eltek Ltd is expected to report next financial earnings on March 22, 2024.
from the prior reporting period from $0.00 per share, from $0.00 millions.
Earnings of $3.194 millions in the financial interval ending December 31 2022 fell by -36.61 % from $5.039 millions in the corresponding period a year before. Eltek Ltd shifted it's focus on improving sales in the financial interval ending December 31 2022, as a result net margin eased to 8.06%.
Operating earnings, however, rose 52.44% to $2.971 millions. Observing deeper the financial numbers for the financial year 2022, ELTK reported Revenues of $39.65 millions and net profits of $3.19 millions.
Semiconductors company voiced also, that profits deteriorated by -36.05 % to $0.55 per share from $0.86 in the previous financial year , contributesRevenues improved by 17.23 % from $33.82 millions a year before.
Eltek Ltd is expected to report next financial earnings on March 22, 2024.