Israel Corporation Ltd. Announces Consolidated Earnings Results for the Second Quarter Ended June 30, 2016
August 17, 2016 at 03:13 pm EDT
Israel Corporation Ltd. announced consolidated earnings results for the second quarter ended June 30, 2016. The company's consolidated net income for the second quarter of 2016 was $81 million, compared with $43 million in the second quarter of 2015. The company’s consolidated financial results are primarily impacted by the results of its portfolio companies ICL and Bazan. Net debt as of June 30, 2016 totaled $1,351 million.