Azrieli Group Ltd. reported earnings results for the second quarter and six months ended June 30, 2025. For the second quarter, the company reported sales was ILS 949 million compared to ILS 781 million a year ago. Net income was ILS 320 million compared to ILS 156 million a year ago. Basic earnings per share from continuing operations was ILS 2.64 compared to ILS 1.29 a year ago. Diluted earnings per share from continuing operations was ILS 2.64 compared to ILS 1.29 a year ago.
For the six months, sales was ILS 1,887 million compared to ILS 1,530 million a year ago. Net income was ILS 777 million compared to ILS 620 million a year ago. Basic earnings per share from continuing operations was ILS 6.41 compared to ILS 5.11 a year ago. Diluted earnings per share from continuing operations was ILS 6.41 compared to ILS 5.11 a year ago.
Azrieli Group Ltd is an Israel-based company. The Company’s activity is divided into five segments : The retail centers and malls in this segment the Group is primarily engaged in development, acquisition, lease-out, management and maintenance of malls and retail centers in Israel. Offices and other space for rent- in this segment the Company Group is primarily engaged in development, acquisition, lease-out, management and maintenance of office buildings and parks for offices and high-tech industry, logistic areas and storage in Israel. Income- producing properties in the U.S. owns 8 leasable office properties outside of Israel. The Company has three senior homes assigned to Senior housing segment. Others is engaged in the data centers business including e-commerce operations, operations in hospitality sector, investment in banking and financial corporations and investments I investments funds.