Ampal-American Israel Corporation Reports Second Quarter Financial Results

Ampal-American Israel Corporation AMPL today announced financial results for the first quarter ended June 30, 2010. For the quarter ended June 30, 2010, Ampal recorded revenues of $207.1 million, compared to revenues of $95.3 million for the corresponding period in 2009. Net loss for the quarter was ($1.2) million, or ($0.02) per basic and diluted share, compared to a net loss of ($13.4) million, or ($0.24) per basic and diluted share, for the corresponding period in 2009.