Gross Profit in the third quarter of 2012, after consideration of depreciation expense, was US$130,000, compared to US$123,000 in the third quarter of 2011, an increase of 5.7%. Gross profit margin increased from 13.9% in the third quarter of 2011 to 16.7% in the third quarter of 2012.Operating Loss in the third quarter of 2012 was US$323,000, compared to an operating loss of US$339,000 in the third quarter of 2011.
Hotel Outsource Management International, Inc. Presents Q3 2012 Results
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