Israels's Hot Telecommunication Systems Ltd HOTZF reported a 26% decline in its first-quarter net profit.
Hot Telecommunication's quarterly net profit fell to 59 million shekels ($15.3 million), versus ILS80 million, in the year-ago quarter.
Its revenue climbed to ILS1.03 billion from ILS822 million, while tax expenses gained to ILS22 million from ILS10 million.
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