Company Profile For HEVRAT HASHKA`OT DISKONT BE`AM

HEVRAT HASHKA`OT DISKONT BE`AM (DISI.TA) (Tel Aviv Stock Exchange)
sector: Telecommunications Services · industry: Wireless Telecommunications Services ·
As of  26 Nov 2009
8,842.00
Price Change
-267.00
Percent Change
-2.93%
 
 
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Overview

Discount Investment Corporation Ltd., part of the IDB Holding Group, is an Israel-based holding company. The Company invests in companies and business enterprises in a variety of sectors, and operates major intersections of the business activity in Israel. It also assists investee companies to raise capital in the Israeli and international capital market. Discount's investment areas include cellular communications, advanced technologies, retail and food, real estate and construction. Major holdings of the Company include Cellcom (46.9%), Super-Sol (38.1%), Property and Building Corporation (83.4%). In 2008, the Company increased its holdings in Koor Indusries Ltd. and holds 62.7% of Koor Indestries' listed Shares. Through its holdings in Koor, the Company holds 3.28% of Credit Suisse Group and 41.5% of Makhteshim Agan Indestries Ltd.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Discount Investment Corporation Ltd.'s total revenue increased 35% to NIS6.24B. Net income totaled NI1.23B, up from a net income of NIS255M. Total revenues reflect higher inflows from the Machteshim Agan as well as the Shufersl segments, in addition to higher income from sales and services provided. Net income also reflects a significant decrease in financing expenses.

Company Address

HEVRAT HASHKA`OT DISKONT BE`AM
3 Azrieli Center
Triangle Building
44th Floor
Tel-Aviv     67023
P: +9723.6075888
F: +9723.6075889

Total Employees

23

Find Out More About DISI.TA

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