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The corporate reported a web revenue of NIS 2.5 billion, a nine-fold enhance over the corresponding quarter of final 12 months.
The robust rise in power costs within the wake of the battle in Ukraine has boosted the income of Delek Group Ltd. (TASE:DLEKG), managed by Yitzhak Tshuva (48.6%). Delek has reported the second largest revenue of any Israeli firm after Zim Built-in Transport Companies Ltd. (NYSE: ZIM) within the first quarter of 2022.
Delek Group’s income within the first quarter of 2022 was NIS 3.1 billion, up 63% from the corresponding quarter of 2021. The corporate reported a web revenue of NIS 2.5 billion, a nine-fold enhance over the corresponding quarter of final 12 months. Web revenue from Delek’s Ithaca North Sea unit alone was $785 million in contrast with $43 million within the first quarter of 2021.
Delek Group’s share value rose 3.48% right this moment to provide a market cap of NIS 3.4 billion, up from $43 million within the corresponding quarter of final 12 months.
Printed by Globes, Israel enterprise information – en.globes.co.il – on Might 24, 2022.
© Copyright of Globes Writer Itonut (1983) Ltd., 2022.
Yitzhak Tshuva credit score: Tamar Matsafi
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