Rothstein continues to grow: this is its net profit in 2022

Avishai Ben Haim, CEO of Rothstein, explained: “From a broader perspective, over the past two years the company’s equity has doubled and crossed the NIS 430 million mark, and this after distributing a dividend to the shareholders in accordance with the distribution policy and alongside a significant improvement in the company’s financial strength. In our estimation, the positive trend of the business activity is expected to continue in the long term as well, as a result of the company’s conduct during the last years in which we accelerated the company’s business development through the purchase of land and lots, alongside the expansion of the urban renewal activity, so that today the company has approximately 20 thousand housing units In execution, in planning and in various stages of development, when in our estimation most of them will begin execution and marketing during the next few years.”

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