Ormat Industries Reports First-Quarter Profit After Loss

Ormat Industries (ORMT) Ltd. reported a first quarter profit of $5.8 million after a loss of $3.45 million in the same period a year earlier, according to a statement filing late yesterday to the Tel-Aviv Stock Exchange. Revenue rose to $132.4 million from $99.1 million.

To contact the reporter on this story: Sharon Wrobel in Tel Aviv at swrobel4@bloomberg.net

To contact the editor responsible for this story: Maher Chmaytelli at mchmaytelli@bloomberg.net

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