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Government-supervised Corporations Show 20 Million Pound Profit for Year

September 7, 1967
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Government corporations supervised by the Ministry of Development showed profits this year of 20 million pounds ($6,677,000), Minister of Development Moshe Kol reported today. He said this figure compared to a profit of three million pounds ($1,000,000) last year. He attributed the increase to increased operating efficiency and lower costs.

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