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Israel Corp. Reports Results for Second Quarter of 2024
TEL AVIV, Israel, Aug. 15, 2024 /PRNewswire/ -- Israel Corporation Ltd. (TASE: ILCO) ("ILCO") announced today its second quarter results for the period ending June 30, 2024.
Selected Financial Figures for the Second Quarter 2024:
$m
Q2/24
Q2/23
ILCO share in ICL profit1
49
72
Financing, G&A and other expenses at ILCO headquarter level
(1)
(2)
Tax income of ILCO Headquarters
-
-
Net profit to company's shareholders
48
70
Liquidity at the ILCO Headquarters Level2As of June 30, 2024, total financial liabilities were $754 million, and investments in liquid assets amounted to $858 million of which $163 million are pledged deposits.
Net cash1 as of June 30, 2024, totaled