| Business Summary | | Eltek
Ltd.
is
an
Israeli
Printed
Circuit
Board
(PCB)
manufacturer
and
a
manufacturer
of
advanced
circuitry
solutions
to
the
electronics
industry
in
Israel
and
Europe.
The
Company's
focus
is
on
the
high-end
PCB
industry
for
advanced
electronics
applications.
These
applications
include
HDI
(High-Density
Interconnect)
technology,
which
reduces
line
width
and
spaces
to
.002
inch
and
holes
to
diameter
of
.003
inch
(microvia
holes).
In
order
to
provide
full
solutions
to
customers,
the
Company
outsources
high-volume
orders
to
Far-East
partners. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Eltek
Ltd
manufactures
and
supplies
advanced
printed
circuit
boards,
complex
multi-layer
back-planes
and
flex
rigid
board
circuits
for
sophisticated
electronic
products.
For
the
nine
months
ended
12/31/00,
revenues
increased
42%
to
NIS101.7
million.
Net
income
before
U.S.
GAAP
adjustment
totalled
NIS14.4
million
vs.
a
loss
of
NIS5.2
million.
Revenues
reflect
higher
product
sales.
Net
income
reflects
increased
profit
margins
and
lower
S/G/A
expenses
as
a
percentage
of
sales. Recent Earnings Announcement For
the
3
months
ended
03/31/2001,
revenues
were
34,919;
after
tax
earnings
were
4,609. (Preliminary; reported in thousands of Shekel.) | More
from
Market Guide: Significant
Developments |
| | |
| Position | Nissim Gilam | Chairman | Arieh Reichart | Pres,
CEO | Dovi Frumovich | CFO | Israel Ende | VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|