Delek Group reports Q1 2021 results – Net profit of ILS 279 million compared to a loss of ILS 2.8 billion in Q1 2020

HERZLIYA, Israel, May 31, 2021 /PRNewswire/ —

  • Revenues of ILS 1.91 billion in Q1 2021, compared with ILS 1.88 billion in Q1 2020;
  • Operating profit increased to ILS 871 million, from a loss of approx. ILS 2.7 billion in Q1 2020;
  • Continued decline in the net financial debt of the Company and its staff companies as of March 31, 2021, which amounted in to ILS 4.2 billion as of March 31, 2021;
  • Increase of approx. ILS 350 million in the shareholders equity, which amounted approx. ILS 2.43 billion as of…

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