Bank Leumi reported it had earned NIS 1.1 billion during the first quarter of 2019. This represents an increase of 49.6% from 2018. This sum of profit translates into a return on equity of 12.7%, up from 9% a year earlier. Part...
Nice reported sales of $387 million for the third quarter of 2019, which represents an increase of 8% from the year earlier. Nice’s emphasis on Cloud products has clearly paid off, with Cloud sales increasing by 27%.The company's net $47 million an...
After a massive write off in the last quarter, Bezeq returned to profitability in the third quarter of 2019. Bezeq recorded a profit of NIS 191 million in Q3, which is down 18% from the third quarter of 2018. Overall income was...
Elbit reported second quarter results today which reflected an increase in revenue of nearly 20% from the second quarter of 2018. Most of the increase reflects the integration of Israel Military Industries It reported having a backlog of $9.8 billion in orders.
Teva, once the flagship company of the Israeli economy, has had more woes than the prophet Job. Despite its many problems, Teva still has a strong core business and hopes that by cutting enough expenses from its operations it can become profitable...
Bank Mizrachi
Bank Mizrahi-Tefahot reported a net profit of NIS 404 million during the first quarter of 2019. This profit is up from NIS 343 earned by the Bank during the first quarter of 2018 and which represents an increase of 18%. Bank...
El Al reported quarterly results for the third quarter this past week, as a result of which, the airline's stock dropped. The stock market viewed the decline in profits for Q3 (typically El Al's most profitable quarter) and sold off the airline's...
Here is what Checkpoint reported:
Total Revenue: $488 million compared to $468 million in the second quarter of 2018, a 4 percent increase year over year.
GAAP Operating Income: $213 million compared to $224 million in...
Bank Mizrahi-Tefahot announced lower profits of only 7%, which came to a total of NIS 422 million in the third quarter. For the first nine months of the year, Mizrahi-Tefahot earned NIS 1.4 billion, which is up 40% from the year earlier....
Elite Factory
Giora Bardea: Strauss Group delivered strong performance in the quarter, growing sales and maintaining profit stability, while, like the rest of the world, having to cope with the effects of COVID-19. The Group has focused its efforts on protecting its people's...
