The locality training company concludes a strong year. Revenues in 2021 increased by 35% compared to 2020 and amounted to NIS 478 million. In the bottom line, the company reported that the net profit in 2021 rose sharply to NIS 222 million, compared with a net profit of NIS 24 million in 2020.
The increase in the value of real estate for investment in 2021 amounted to NIS 602 million, of which NIS 149 million in respect of properties in Israel and NIS 452 million in respect of properties abroad. The NOI continued to grow and amounted to NIS 196 million in 2021, compared with NIS 175 million in 2020.
In response to the reports, the Yishuv training stock records a 4.5% increase in stock market trading and completes a 44% progress in the past year. The company’s value on the stock exchange reached NIS 1.8 billion.
Ofer NimrodiControlling shareholder and CEO Settlement training“The company has grown significantly in recent years, thanks to the successful completion of significant business and financing moves in accordance with the strategy, which are reflected in the financial results, with an increase in all parameters. We successfully promote business development plans, in Israel and abroad, are in the period “A record in terms of the scope of project execution, and all this is done while significantly strengthening the capital, financial strength, and liquidity of the company.”
“All of our business activities, both in the area of income-producing properties in Israel, the logistics parks in Europe, urban renewal in Israel and residential development in Poland, are in a strong positive trend of growth, and are expected to remain as supported by macro trends. The value of the logistics activity in Europe over the next 4 years and we will continue to strengthen our position as a leading player in the field of urban renewal in Israel. “