Matrix announced earnings results for the first quarter ended March 31, 2017. For the quarter, the company’s revenues rose to over NIS 696.6 million, an increase of about 10% compared with NIS 633.3 million in the first quarter of 2016. Operating profit increased by about 10%, and amounted to approximately NIS 48.5 million, compared with NIS 44.2 million in the corresponding quarter of last year. Net profit grew by approximately 4.8% to about NIS 28.25 million, compared with NIS 27 million in the first quarter of 2016. Net profit to owners of capital rights in the company was NIS 28,064 million against NIS 26,960 a year ago. EBITDA was NIS 55.438 million against NIS 49.932 a year ago. Profit before taxes was NIS 39.466 million compared to NIS 38.924 million a year ago.