Profits soar at seamless wear specialist

Caesarea – Returning to year-on-year sales growth for its first quarter, seamless activewear specialist Delta Galil has posted a 300% increase in net income for the first three months of the year.
Net income was US$12.0 million, up from $3.0 million in the first quarter last year while net income, excluding non-core items, net of tax, increased by 86% to $14.5 million.