Metis Capital Ltd.
METIS CAPITAL LTD. ANNOUNCES 6M-2009 FINANCIAL RESULTS
Metis Capital Ltd. / Half Year Results Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Total Revenues: EUR 29.4 million; Gross Profit: EUR 2.3 million; Net Loss: EUR 3.4 million Tel Aviv/Israel; August 27, 2009 - Metis Capital Ltd. (Prime Standard: EIC; TASE: MTSC) announces its consolidated interim financial statements for the first half of fiscal year 2009. Total revenues of the consolidated Company in the first six months of 2009 amounted to EUR 29.4 million, compared to EUR 46.5 million in the same period of 2008. Of the total revenues, EUR 28 million were derived from the sales of cars and spare parts, compared to EUR 45.7 million in 2008. The decrease is mainly due to a drop in the selling cars. EUR 0.9 million were derived from rental income (6M 2008: EUR 0.6 million), EUR 0.2 million were derived from business consulting services (to Japan Auto) and EUR 0.4 million were derived from hotel operations. The gross profit of the consolidated company in the first six months of 2009 amounted to EUR 2.3 million, compared to EUR 7.8 million in the same period of 2008. The operating profit (loss) of the consolidated company in the first six months of 2009 amounted to EUR (1.6) million, compared to EUR 3 million in the same period of 2008. The financing expenses (net) of the consolidated company in the first six months of 2009 amounted to EUR 2.1 million, compared to EUR 4.4 million in the same period of 2008. The net loss from continued operations of the consolidated company in the first six months of 2009 amounted to EUR 3.4 million, compared to EUR 2 million in 2008. The current assets of the consolidated Company as of June 30, 2009 amounted to EUR 35.3 million, compared to EUR 49.3 million by the end of 2008. The complete financial report is available for download on the corporate website: www.metis-capital.com Contact: Metis Capital Ltd. Ilan Engel, CFO Phone: +972-3-537 3000 E-mail: ilan@metis-capital.com Janina Wismar Investor Relations Phone: +49-40-60918650 E-mail: janina.wismar@kirchhoff.de 27.08.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Metis Capital Ltd. 30 Hamasger Street 61090 Tel-Aviv Israel Phone: +972 (03) 537-3000 Fax: +972 (03) 537-4000 E-mail: investor@metis-capital.com Internet: www.metis-capital.com ISIN: IL0003570129 WKN: 936734 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Düsseldorf, Stuttgart, Hamburg End of News DGAP News-Service ---------------------------------------------------------------------------
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