Israel Corporation Ltd. reported consolidated earnings results for the first quarter ended March 31, 2017. The company's consolidated net income for the first quarter of 2017 was $7 million compared with $9 million in the first quarter of 2016. The company's consolidated financial results are impacted mainly by the results of its portfolio companies: ICLand Bazan. Net debt as of March 31, 2017 totaled $1,348 million.