| Business Summary | | Elscint
Limited
focuses
its
activities
in
four
principal
areas:
the
hotel
and
leisure
industry,
entertainment
and
commercial
centers,
industrial
manufacturing
(continuing
its
activities
that
the
Company
begun
when
it
was
principally
a
medical
imaging
company),
and
hi-technology
investments.
The
Company
owns
and
operates
hotels
in
Europe
and
elsewhere,
and
hotel
projects
presently
under
development;
owns
an
entertainment
and
commercial
center
in
Herzlia,
Israel;
conducts
industrial
manufacturing
of
components
for
the
medical
imaging
and
other
high
technology
fields
at
its
factory
in
Ma'alot,
Israel;
and
owns
investments
in
the
high
technology
industry
such
as
in
the
field
of
the
Internet,
telecommunications
and
digital
video
(through
an
affiliated
company). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Elscint
Limited,
engaged
in
medical
imaging
systems
until
11/98,
acquired
in
9/99
a
hotel
division
and
an
entertainment
and
commercial
center
under
construction.
For
the
three
months
ended
3/01,
revenues
rose
5%
to
NIS121.6
million.
Net
income
totalled
NIS20.4
million,
vs.
a
loss
of
NIS13.6
million.
Revenues
reflect
acquisitions
and
higher
hotels
operating
and
managing
income.
Earnings
also
reflect
higher
interest
income
and
the
absence
of
a
NIS11.4
million
loss
on
sale
of
business. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
116,863;
after
tax
earnings
were
-7,851. (Preliminary; reported in thousands of Shekel.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Abraham Goren, 40 | Chairman | Rachel Lavine, 34 | Pres | Uri Levin, 34 | CFO | Marc Lavine, 46 | Sec.,
Gen. Counsel |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|