Strong Israel Chems profit boosts Israel Corp Q3

Newswire

JERUSALEM, Nov 24 (Reuters) - Israel Corp, one of Israel's largest holding companies, reported higher quarterly net income on Thursday, boosted by a jump in profit at its chemicals unit. Israel Corp posted third-quarter profit of $156 million compared with $106 million a year earlier. Subsidiary Israel Chemicals (ICL), the world's sixth-largest potash producer, recorded a rise in its profit to $436 million from $243 million. Israel Corp was also helped by an increase in profit at chipmaker ...

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