Mishor’s 3rd quarter: revenues of over NIS 30 million and an increase in NOI

Net financing expenses in the quarter amounted to approximately NIS 15.8 million compared to approximately NIS 11.4 million last year. The increase is mainly due to the increase in interest rates in Israel and an increase in the costs of linking the bonds following the increase in the consumer price index. The balance of cash and cash value in the hands of the company and its subsidiaries in Israel and the USA without Skyline amounted to approximately NIS 145 million as of September 30, 2022 compared to approximately NIS 150 million as of June 30, 2022. In addition, the company has high financial flexibility, since it has a portfolio Yielding assets in Israel, for which there is no debt and no encumbrance, amounting to approximately NIS 105 million. In addition, the company owns shares of the Skyline subsidiary, which shares a share in Skyline’s equity, totaling approximately NIS 369 million (which constitutes approximately 50% of Skyline’s equity).


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent News

Editor's Pick