Ariely Advertising 96 Earnings; Net Income $1.39 Million, EPS $0.45; Dividend Declared.
Business Wire › March 17, 1997
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Ariely Advertising 96 Earnings; Net Income $1.39 Million, EPS $0.45; Dividend Declared.
TEL AVIV, Israel--(BUSINESS WIRE)--March 17, 1997--Ariely Advertising Ltd. (NASDAQ:RELEF), a leading full service Israeli advertising agency, today announced that consolidated commissions and fees for the year ended Dec. 31, 1996, decreased 12 percent to NIS 123,010,000 ($37,838,000) from NIS 139,433,000 ($42,889,000) in 1995.
Gross profit for 1996 was NIS 21,694,000 ($6,673,000) a decrease of 8 percent o...See the full content of this document
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