A subsidiary of Barkat Capital
emerald
0%
Base:214.3
opening:0
High:0
low:0
change:—
Page Quote News Graphs Company Profile Recommendations
More articles on the subject:
The company that provides financing in the real estate sector has signed a non-binding memorandum of understanding to provide a loan of up to NIS 1 billion for the establishment of an office and commercial project in Jerusalem.
Barkat’s share has fallen since the beginning of the year by 9% to a price of NIS 214.3, representing a value of NIS 115.7 million. The company’s profit in the first quarter of this year amounted to only one million shekels on revenues of 11.7 million shekels. In 2021 as a whole, the company earned NIS 2.5 million on revenues of NIS 29.4 million. The value expresses a profit multiplier of 45.
In addition, the financing company recently decided to expand into a new area of activity in accordance with its business strategy to establish itself in the field of credit in the real estate industry and began to grant equity supplement loans to entrepreneurs in the field. Equity loans are used by entrepreneurs to finance part of the equity required to finance a project. An equity loan to an entrepreneur joins the debt The senior most often granted to the borrower by a financing entity such as a bank and the equity invested by the entrepreneur, all of these together constitute the financing required for the establishment of a real estate project or the purchase of land or property.
Comments to the article(0):
Your response has been received and will be published subject to system policy.
Thanks.
for a new comment
Your response was not sent due to a communication problem, please try again.
Return to comment