Haim Stepler
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Aug 20, 2026
10:54Globes

Markets
After a weak quarter: Orit Industries to distribute an exceptional dividend of over half a billion shekels
The Sderot-based fuse manufacturer is set to distribute profits from the sale of shares in its subsidiary to shareholders, following a weak quarter in which it reported a 36% decline in revenue and an 85% drop in net profit. The stock is falling sharply in Tel Aviv trading.
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