Business
NAWI: Net profit surged 50% to ₪235.6 million, with strong growth in secured real estate lending
NAWI: Net profit surged 50% to ₪235.6 million, with strong growth in secured real estate lending
About this update from Nawi Group Ltd.
Net profit rose 50% year-over-year to ₪235.6 million on 22% revenue growth, with a strong equity base and robust liquidity. The credit portfolio expanded to ₪5.25 billion, 73% secured by real estate, and the group maintained high dividend payouts and met all financial covenants.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.