Uri Levin
Found 4 recent publications
Tidhar Group Announces Major Reorganization and Million-Shekel Savings
Tidhar Group announced a major corporate reorganization and widespread cuts aimed at saving 30 million shekels, despite posting record revenues of 892 million shekels in Q2.
Tidhar Group Raises 1.5 Billion NIS in Successful Institutional Bond Offering
Tidhar Group has raised 1.5 billion NIS in the institutional stage of its bond offering, drawing 2.1 billion NIS in total bids. The capital raised will fund ongoing operations and debt refinancing.
What did the CEO of the real estate company that reached the stock exchange say after distributing an average bonus of 50,000 shekels per employee?
In the second quarter reports of the Tidhar Group, the company recognized expenses totaling 75.2 million shekels, including grants and bonuses to employees, following the IPO it carried out earlier this year. CEO Uri Levin also addressed the stagnation in the real estate market and said: "The demand today is lower than it was in the past for a long time, longer than we were used to in the past."
Tidhar: Unusual IPO expenses eroded profit, and by how much did the prices of sold apartments drop
The real estate developer, which completed its IPO in Tel Aviv less than three months ago, showed an increase in the volume of apartments sold, which translated into a 4% growth in revenue, but unusual IPO expenses led to a sharp drop in profit. A decrease of almost one million shekels in the average apartment price.