Azrieli Group Ltd reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was ILS 749 million compared to ILS 707 million a year ago. Revenue was ILS 1,069 million compared to ILS 1,075 million a year ago.
Net income was ILS 464 million compared to ILS 377 million a year ago. Basic earnings per share from continuing operations was ILS 3.82 compared to ILS 3.11 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.
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Investor
Investor
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Global
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Quality
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ESG MSCI
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