Energix
Found 3 recent publications
After a 93% surge: Senior CEO sells shares for 7.7 million shekels
Asa Lavinger, CEO of Energix, reduced his holdings in two transactions carried out on the same day. The sale occurs as the stock trades near its peak, raising questions about whether this reflects a lack of confidence or legitimate profit-taking.
Druze riots in the Golan thwarted a wind farm project and pushed Alony Hetz into a loss
The Druze riots occurred at the Aran project last May. The heavy economic loss caused to Energix led the parent company, Alony Hetz, to record a loss attributable to shareholders of 178 million shekels. In addition, in the second quarter, Alony Hetz recorded an impairment of 188 million shekels due to a reduction in the value of land for development in England held by Brockton Everlast.
Despite the jump in profit: The blow Energix suffered in its flagship project
The green energy company concludes a strong quarter in the USA and Europe, but is forced to deal with an impairment of 185 million shekels and is transferring operations to Lithuania.