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Housing and Construction Reports: the Number of Apartment Sales Transactions Dropped, but Profit Soared
Summary by Globes
1 Articles
1 Articles
Despite a sharp drop in apartment sales, Shikun & Binui reports a jump in net profit - reaching NIS 55 million in the quarter and NIS 325 million since the beginning of the year ● The increase is mainly attributed to growth in the infrastructure and real estate sectors abroad ● The company estimates that uncertainty in the industry will ease and demand will return in 2026
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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