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Medical Patent Law Weekly

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Financials



Elbit Medical Imaging Ltd. Announces Fiscal Year 2006 Results



April 11th, 2007

Elbit Medical Imaging Ltd. (NASDAQ:EMITF) ("EMI" or the "Company") announced its consolidated results for fiscal year 2006.

Consolidated revenues for the year ended December 31, 2006, were NIS 1,420.1 million (US$ 336.1 million) compared to NIS 816.7 million reported last year.

Revenues from hotels operations and management increased to NIS 351.6 million (US$ 83.2 million) as compared to NIS 270.0 million reported last year. This increase is attributable mainly to increase in revenues from the Riverbank Park Plaza Hotel in London, which was opened in April, 2005 and increase in the operations of the hotels in the UK and Romania.

...


Source: Medical Patent Law Weekly (2007-04-11)

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