| | Business Summary | | Carmel
Container
Systems
Ltd.
is
an
Israeli
designer
and
manufacturer
of
paper-based
packaging
and
related
products.
The
Company
and
its
subsidiaries
manufacture
a
varied
line
of
products,
including
corrugated
shipping
containers,
moisture-resistant
packaging,
consumer
packaging,
triple-wall
packaging
and
wooden
pallets
and
boxes.
The
Company's
subsidiaries
are:
C.D.
Packaging
Systems
Ltd.,
a
leading
manufacturer
of
corrugated
board-based
consumer
packaging
in
Israel,
and
Tri-Wall
Containers
(Israel)
Limited,
a
manufacturer
of
heavy
duty
and
bulk
packaging
made
of
triple-wall
corrugated
board
and
of
wooden
pallets
and
boxes
for
agricultural
exports
and
other
uses.
The
Company's
products
are
marketed
to
a
wide
variety
of
customers
for
diverse
uses. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Carmel
Container
Systems
design
and
manufacture
paper-based
packaging
and
related
products,
including
boxes,
corrugated
shipping
containers,
moisture-resistant
packaging,
and
consumer
packaging.
For
the
three
months
ended
3/31/01,
net
sales
fell
7%
to
NIS97.7
million.
Net
income
rose
57%
to
NIS2.1
million.
Revenues
reflect
the
continuing
economic
recession.
Net
income
reflects
a
decrease
in
the
price
of
raw
materials
and
increased
production
efficiency. Recent Earnings Announcement
For
the
3
months
ended
03/31/2001,
revenues
were
97,650;
after
tax
earnings
were
2,085. (Preliminary; reported in thousands of Shekel.) | | More
from
Market Guide: Significant
Developments |
| | Officers | |
| Position | | Robert Kraft, 58 | Chairman | | Yaakov Yerushalmi, 57 | Exec.
Vice Chairman | | Moshe Balter, 56 | Sec. | | Daniel Attias, 61 | Fin.
Mang. | | Amos Hareli, 48 | Deputy
Gen. Mang. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/k/kml.gif)