The Israeli Electric Company (IEC) announced it had made a net profit of NIS 166 million in the first quarter of 2019, up from the loss of NIS 67 million in the first quarter of 2018. The company’s income was NIS 6...
Bezek announced it lost NIS 1.6 billion in the second quarter of 2019. The loss was the result of two special transactions — the company wrote down the value of its Pelephone subsidiary by NIS 950 million and also wrote down the...
Zim reported the following financial and operating highlights for the Three Months Ended September 30, 2019:
Total revenues were $842.0 million compared to $840.7 million in Q3 2018, a 0.2% increase;ZIM carried 725 thousand TEUs compared to 730 thousand...
Cellcom reported a loss of NIS 16.3 million for the first quarter of 2019, in contrast to profit of NIS 7 million earned by the company during the first quarter of 2018. However, in the last quarter of 2018, the company lost...
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...
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...
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...
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...
Bank Hapoalim, Israel’s largest bank, announced it had earned NIS 821 million during the first quarter of 2019. While this is up by 31% from earnings one year ago, it is still below the NIS 1.1 billion earned by Bank Leumi. Bank...
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...
