Sales hysteria and an unprecedented jump in profits in the construction companies' reports for the summary of 2021. In some of the companies even reported that the average price of an apartment sold has risen in the past year by about 14%, even more than the CBS summaries.
Areas Company
Azorim concludes 2021 with a record in revenues and net profit: Net profit amounted to NIS 322 million - a jump of 190%.
A 21% increase in revenue to NIS 1.5 billion compared to last year;
The company sold 1,164 apartments in 2021, when the financial volume increased to about NIS 2.5 billion, an increase of about 40% both in relation to 2020 and in relation to 2019.
Aura
"Aura" reports a record year in all parameters: record sales of housing units - in 2021 553 housing units were sold (compared to 343 last year) - an increase of 61%.
The highest net profit in the company's history - NIS 113 million (compared with 42 m) - an increase of 169%.
Africa Israel Residence Company
The company reported that the net profit in 2021 doubled and amounted to NIS 220 million, compared with NIS 103 million in 2020;
In 2021, the company sold 908 housing units worth NIS 3.1 billion, compared with 427 housing units worth approximately NIS 945 million in 2020.
Rothstein Company
Concludes 2021 with a record sales of apartments, revenues and profits: revenues in 2021 increased by 70% to NIS 524 million; net profit increased by 63% to a record NIS 83.5 million.
In the fourth quarter of 2021, the company's revenues increased by 59% to NIS 172 million and net profit rose sharply to NIS 38 million.
An all-time record in apartment sales - in 2021 the company sold 433 housing units, compared to the sale of 243 housing units in 2020.
Y.H.
Damari
The company concludes 2021 with a record in revenues and profits: in 2021, the company sold 950 housing units in Israel, compared to the sale of 777 housing units in 2020 and compared to the sale of 543 housing units in 2019. Revenues in 2021 grew by 14% to a record NIS 1.26 billion - Thanks to the sharp increase in the rate of apartment sales.
Net profit in 2021 rose by about 54% to a peak of about NIS 232 million.
More company
More Group doubles its activity with annual record revenues of NIS 630 million, compared to NIS 200 million, a jump of 215% compared to the previous year
, annual record sales of NIS 760 million, compared to NIS 271 million, jump Of 180% compared to the previous year.
The annual net profit amounted to a peak of NIS 180 million.
The company reports in 2021 sales of 625 units and commercial units compared to 191 units and commercial units, an increase of 227% compared to the previous year
Middle Builders Company
Reports that revenues in 2021 increased by 74% to NIS 523.6 million;
The net profit increased to NIS 55.3 million.
The company expects that upon maturation, the total urban renewal projects it promotes will generate revenues of approximately NIS 26 billion and a gross profit of approximately NIS 4.7 billion over the years.
Praszkowski Company
After entering the Tel Aviv 90 index, the Praszkowski real estate company ends 2021 with a 46% increase in net profit, which amounted to NIS 354 million.
In 2021, the company sold 302 new apartments in projects nationwide with a total financial volume of NIS 555.9 million.
This is compared to 379 apartments sold in 2020 in the amount of NIS 681.7 million.
The apartments in 2021 were sold at an average price of NIS 1.840 million (excluding VAT), compared with NIS 1.798 million (excluding VAT) last year.
Efi Capital Real Estate
Reports an increase in the company's revenues from the sale of apartments and real estate of approximately 326% and an increase of approximately 72% in net profit - the company sold 1,135 apartments in 2021 for a total amount of NIS 1.77 billion.
Soprin Group
Ended the year with a 24% increase in revenues to NIS 77.9 million and an increase of 21.7% in net profit to NIS 13.4 million.
Strong corals
The company concludes 2021 with a record sales and a sharp jump in net profit: during the year, the company sold 296 units in the amount of NIS 586 million, compared with 230 units in the amount of NIS 288 million in the corresponding period last year.
This is a jump of more than six times the total profit to NIS 58 million in 2021, compared with NIS 9.2 million in the corresponding period in the previous year.
The settlement training company
Summarizes 2021 with the revenue rate rising by about 35% to about NIS 478 million.
Net income in 2021 rose sharply to NIS 460 million (NIS 222 million for shareholders), compared with a net profit of NIS 116 million (NIS 24 million for shareholders) in the previous year.
The new Elad Israel Residential Company
Concludes 2021 with an increase of about 70% in the volume of sales of apartments in a total amount of about NIS 416 million.
The average price of an apartment sold by the company increased by about 14% and stands at about NIS 3.2 million per apartment, compared to NIS 2.8 in the previous year.
Cardan Real Estate Company
Concludes with a net profit that rose 2.4 times to NIS 81.6 million.
Revenues in 2021 grew by 38% to NIS 653 million - due to a sharp increase in the volume of apartment sales and the rate of progress of the projects.
Also an all-time record in the sale of apartments - in 2021 the company sold 236 housing units, compared to the sale of 104 housing units in 2020.
Hamerman Plant Company
Concludes 2021 with a 20% jump in net profit that amounted to NIS 67 million at the end of the year, compared to a net profit of NIS 55.75 million in 2020. The company sold 518 new apartments compared to 235 in 2020.
Electra Group
Summarizes the past year with continued growth: revenues grew by about 16.3% to about NIS 9 billion;
Net profit increased by 25.4% to NIS 227.2 million.
The Electra Group's accumulation increased to NIS 23.6 billion, before the inclusion of the light rail project on the light rail
Levinstein Engineering Company
Concludes 2021 with a 500% increase in net profit, which amounted to NIS 315 million.
The company sold 334 units (part of the group 325 units) and recorded revenues of NIS 327 million from the sale of apartments in 2021, compared with the sale of 151 units (part of the group 144 units) and recorded revenues of NIS 308 million last year.
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