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Israel Corp. Reports Results for First Quarter of 2024

TEL AVIV, Israel , May 30, 2024 /PRNewswire/ -- Israel Corporation Ltd. (TASE: ILCO) ("ILCO") announced today its first quarter results for the period ending March 31, 2024.   Selected Financial Figures for the First Quarter 2024: $m Q1/24 Q1/23 ILCO share in ICL profit[1] 48 123 Amortization of excess cost (1) (1) Financing, G&A and other expenses at ILCO headquarter level (1) (5) Tax income of ILCO Headquarters 16 - Net profit to company's shareholders 62 117   Liquidity at the ILCO Headquarters Level[2] As of March 31, 2024, total financial liabilities were $869 million, and investments in liquid assets amounted to $978 million of which $10[3] million are pledged deposits. Net cash[1] as of March 31, 2024, totaled