About 65 companies published financial statements on November 27. Most of Israel's most powerful companies have so far reported in, with the exception of Bank Leumi. The result is depressing.

The biggest losses were reported by IDB Development Corporation ¿ NIS 425 million, and Discount Investment Corporation ¿ NIS 417 million. Both were brought down mainly by investments in telecommunications and technology.

Israel Corporation, which is controlled by the Ofer Brothers, reported losing NIS 30 million for the third quarter, compared with netting NIS 45 million in the parallel quarter of 2000. It too took heavy charges, partly from writing down the value of its interest in Koor Industries (Nasdaq:KOR) by NIS 32 million for nine months.

The Bezeq phone company reported a wee net profit of NIS 7 million for the quarter. This company, a monopoly in Israel's domestic communications arena, has made a slim NIS 346 million from the beginning of the year.

Company

9M 01

9M 00

Q3 01

Q3 00

Ackerstein

1,367

(102)

1,148

485

Amanet

1,240

15,282

468

1,850

Arad

13,632

62,567

328

3,354

Arladan

6,136

21,390

1,550

7,220

Aryt

(2,225)

(5.484)

(1,848)

(1,432)

Ashlad

(2,875)

(7.751)

(1,302)

(3,263)

Ashtrom Projects

(7,559)

(8,889)

(4,480)

(3,513)

Ashtrom Properties

(6,522)

(6,568)

(9,032)

(5,830)

Bank Discount

(77,000)

(33,000)

(180,000)

92,000

Bartal

1,097

271

13

244

Bezeq

364,916

(604,913)

7,358

(810,797)

Carmel Bank

1,400

1,700

(1,600)

3,300

C. Mer

20,756

76,617

12,508

66,253

Dor Chemicals

311

(684)

(233)

(900)

Danel Group

3,342

(569)

(220)

(103)

Denali

1,008

268

(102)

(239)

Discount Investment

(717,000)

158,000

(417,000)

(6,000)

Elbit Medical

77,030

(70,464)

50,045

(50,780)

Eldan Tech

1,474

5,476

1,073

(481)

Email

3,912

3,805

(1,969)

(489)

Feutchtwanger

(25,284)

29,777

(7.832)

8,098

Gama

(1.584)

1,111

(855)

77

Giron

5,985

4,671

1,258

1,497

Hiron

2,989

4,665

(1,740)

2,042

HL Services

1

5

4

0

Industrial Dev.

7,700

37,800

(6,100)

9,500

IDB Development

(887,000)

255,000

(425,000)

32,000

IDB Holding

(560,000)

191,000

(269,000)

25,000

Isralom

18,280

7,170

13,268

2,317

Israel Corp.

(17,390)

150,089

(29,987)

43,592

Kind

2,400

2,165

(3,704)

637

Lapidoth

15,814

(1,220)

396

1,053

Lego

(1,320)

(12,601)

1,422

(7,102)

Mafil

391

6,405

(2,660)

1,041

Magma

4,060

3,339

2,565

2,208

Mediterranean

(8,120)

(4,180)

(3,094)

(1,615)

Menorah Holdings

74,829

76,400

14,226

20,929

Migdal Insurance

295,612

295,182

75,551

81,485

Minrav

4,064

10,280

1,300

1,029

Nia

(300)

2,592

(519)

1,159

Oceana

(5,356)

9,041

(3,076)

2,887

Ophir Tours

6,579

4,360

7,835

6,212

Payton

(6,308)

(3,038)

(2,911)

(506)

Petrochemicals

(28,450)

21,202

(8.725)

333

Phoenix

71,094

124,033

11,744

12,948

Ramdor

(1,680)

(5,569)

(78)

(2,529)

Rilon

(829)

(110)

(133)

(529)

Rosebud

29,374

64,534

7,473

(832)

Rotem

710

(16.812)

4,551

(1,159)

Solomon Consulting

(3,754)

11,989

(3,153)

(2,494)

Sela

(8,190)

2,265

(3,017)

790

Shahar

(83)

(16,677)

(36)

(1,697)

Shmira

2,414

2,975

1,092

914

Solel Boneh

20,914

13,242

6,773

4,439

Spectronix

(7,044)

(847)

(2,249)

(780)

Steel Works

(238,730)

 

(6,892)

 

Superior Cables

(6,411)

(40,741)

(1,885)

(16,575)

Tosaf

(1,716)

5,705

(532)

(333)