Azrieli Group Ltd

Tel Aviv Stock Exchange AZRG.TA

Azrieli Group Ltd Net Income for the year ending December 31, 2023: USD 612.79 M

Azrieli Group Ltd Net Income is USD 612.79 M for the year ending December 31, 2023, a 20.00% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Azrieli Group Ltd Net Income for the year ending December 31, 2022 was USD 510.65 M, a -45.08% change year over year.
  • Azrieli Group Ltd Net Income for the year ending December 31, 2021 was USD 929.74 M, a 1,481.65% change year over year.
  • Azrieli Group Ltd Net Income for the year ending December 31, 2020 was USD 58.78 M, a -90.31% change year over year.
  • Azrieli Group Ltd Net Income for the year ending December 31, 2019 was USD 606.69 M, a 86.47% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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Tel Aviv Stock Exchange: AZRG.TA

Azrieli Group Ltd

CEO Mr. Eyal Henkin
IPO Date Nov. 9, 2010
Location Israel
Headquarters 1 Azrieli Center
Employees 435
Sector Consumer Discretionary
Industries
Description

Azrieli Group Ltd operates in the real estate industry. The company operates through four segments: Retail Centers and Malls in Israel, Office and Other Space for Lease in Israel, Income-Producing Properties segment in the U.S., and Senior Housing segments. It develops, acquires, leases out, manages, and maintains malls and retails centers in Israel; and office buildings and parks for offices and high-tech industry, as well as logistic areas and storage. As of December 31, 2021, the company owned 19 malls and retail centers, and 17 income-producing properties in the office and other space in Israel; and 8 office properties in the United States. The company has 4 active senior homes in an aboveground built-up area of approximately 105 thousand square meters (sqm), including approximately 1,033 senior housing units and projects under development and construction for approximately 275 residential units in a total area of approximately 31 thousand sqm. It also engages in the e-commerce and hospitality operation; and invests in banking and financial corporations, and investment funds, as well as operates hotel. The company was incorporated in 1983 and is based in Tel Aviv, Israel. Azrieli Group Ltd is a subsidiary of Nadav Investments Inc.

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StockViz Staff

January 15, 2025

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