Report: Gov't companies cut losses in 2012
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A Treasury report indicated governmental companies registered a total loss of NIS 95 million in the year 2012. The balance sheets in 2011 and 2010 showed a NIS 688 million loss and a NIS 1.125 billion profit respectively.
The report analyzes the activities of 94 companies and four associations, including IEC, the military industry, the railways and ports. (Ynet)