Electra Consumer Products, controlled by the Salkind brothers, is starting to see profitability after converting supermarket branches to the Carrefour format. Carrefour branches produced a profit of NIS 820,000 in the third quarter, compared to a loss of NIS 23 million in the same period last year. Revenue from the supermarket sector rose 7.2% to NIS 890 million, and operating profit before expenses increased 2.5 times to NIS 38.2 million. The company's total revenue in the third quarter was NIS 1.98 billion, with a net profit of NIS 27.1 million. Electra Consumer Products' share price on the Tel Aviv Stock Exchange has increased by 12%.
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