Migdal Reports Stable Quarterly Profit with 5% Growth in Core Operations

Migdal Insurance announced a net profit of 575 million shekels for the quarter, marking a slight increase of less than one percent compared to the same quarter last year. The company highlighted a 5% growth in profit from its core business activities during this period. For the first half of the year, Migdal's total profit reached 897 million shekels, up 9% from 825 million shekels in the corresponding half of the previous year.