Phoenix Holdings Reports Results for the Third Quarter of 2022 and the Nine Months Ended September 30, 2022; Continues to Improve Performance in Line with Strategic Plan Targets
Higher Solvency strengthens the Groups ability to continue investing in attractive financial and strategic opportunities with significant business potential.
- Higher Solvency strengthens the Groups ability to continue investing in attractive financial and strategic opportunities with significant business potential.
- This position, together with the Groups flexible management capabilities and diverse activities, attractively position the Phoenix for continued value creation.
- The comprehensive income before tax in third quarter of 2022 and the nine months ended September 30, 2022 was NIS 14 million and NIS 73 million, respectively.
- Phoenix Holdings is a leading Israel-based financial, insurance, and investment group traded on the Tel Aviv Stock Exchange (TASE: PHOE).