Ashdod Port Company has provided strong performance in the first half of the year 2025, and the net loss of 27 million NIS ($ 7.6 million) In H1 2024 to NIS NIS 104 Million ($ 27.7 million).
Income from 29 %From NIS 461 million ($ 125 million) to NIS 593 million ($ 158 million).
The Board of Directors has declared dividends NIS 300 million ($ 80 million) to the state of Israel, total dividends over the past decade Nis 1.3 billion ($ 346 million).
In the second trimester, income to NIS 291 million ($ 77.6 million), from NIS 247 million ($ 66 million) in Q2 2024.
The port to return to net profit, NIS 84 million ($ 22.4 million) compared to a NIS 20 million Loss ($ 5.3 million) a year earlier.
Read: Ashdod Port views demand reduction at 9 m 2023
Set up ebitda to NIS 69 million ($ 18.4 million), while operating profits were obtained NIS 33 million ($ 8.8 million), reverse operational loss last year NIS 22 million ($ 5.9 million).
The port has also recorded net financing income NIS 61 million ($ 16.3 million), due to returning to capital markets following Operation “Iron Sword” (AM KELAVI).
Shareholders’ shares to NIS 2.86 billion ($ 764 million) by 30 June 2025, from NIS 2.57 billion ($ 687 million) a year ago.
Ashdod Port continued despite continuous geographical stresses Uninterrupted operations During the conflict
Read: Ashdod port invites entrepreneurs to join the marine technology cluster
“Financial results of Q2 and H1 reflect the resistance of Ashdod’s port and its importance to the economy in emergencies,” said Shaol Schneider, chairman of the board of directors. This port has succeeded in creating a positive cash flow in the economy despite the effect of iron sword performance (Amam Clavi).
“Our strategy for diversifying revenues, providing optimal services to all cargoes, and reducing operational waiting time also proves itself in the operating profit line.”
In June, Ashdod Port LTD. A strong financial recovery in Q1 2025 has reached 302 million NIS ($ 84 million), up 40 percent from 214 million NIS ($ 60 million) in Q1 2024.
About the Author
