PHOE

This article first appeared on GuruFocus. Total Comprehensive Income (2025): ILS3.2 billion. Q4 Comprehensive Income: ILS887 million. Earnings Per Share (2025): ILS12.6. Return on Equity (2025): 27%. Q4 Earnings Per Share: ILS3.5. Q4 Return on Equity: 29%. Comprehensive Income Growth (2025): 34% year-over-year. Core Income Growth (2025): 16% year-over-year. Asset Management Growth (2025): 43% year-over-year. Core Income (2025): Over ILS2.6 billion. Asset Management Core Income (2025): ILS900 million, 42% growth year-over-year. Insurance Core Income (2025): Over ILS1.7 billion, 6% growth year-over-year. Investment Performance (2025): Additional ILS500 million. Nominal Returns on Corporate Account (2025): 8.5%. Dividend for Q4 2025: ILS360 million. Total Payout from 2025 Earnings: ILS1.6 billion, 51% of comprehensive income. Assets Under Management (End of 2025): ILS610 billion (~$200 billion). EBITDA Growth: 30% annually, aiming for ILS2.4 billion to ILS2.6 billion by 2028. P&C Income Before Tax (2025): ILS927 million. Health Segment Pretax Income (2025): ILS924 million. Life Segment Income Before Tax (2025): ILS413 million. Wealth & Investments Segment Contribution (2025): ILS384 million. Retirement Business Pretax Contribution (2025): ILS166 million. Brokers & Advisors Segment Income Before Tax (2025): ILS429 million. Payment and Finance Segments Income Before Tax (2025): ILS180 million. Warning! GuruFocus has detected 3 Warning Sign with SBC. Is XTAE:PHOE fairly valued? Test your thesis with our free DCF calculator. Release Date: March 26, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Phoenix Financial Ltd (XTAE:PHOE) reported a record comprehensive income of ILS3.2 billion for 2025, with a strong return on equity of 27%. The company achieved a 34% growth in comprehensive income and a 16% growth in core income, surpassing its guidance of 10% annual growth. Phoenix's asset management segment experienced a significant 43% year-over-year growth, contributing to the company's shift towards high multiple capital-light businesses. The company is committed to distributing quarterly dividends, with a payout of 51% of income in 2025 and plans to increase this to at least 55% in 2026. Phoenix is actively implementing AI across its businesses and aims to be a leader in AI within Israeli financial services, e...

Hong Kong, March 31, 2026 (GLOBE NEWSWIRE) -- Phoenix Asia Holdings Limited (“PHOE” or the “Company”) (Nasdaq: PHOE) is an exempted company with limited liability incorporated under the laws of the Cayman Islands with no material operations of its own. The Company, through its indirectly wholly-owned operating subsidiary, Winfield Engineering (Hong Kong) Limited, is engaged in substructure works, such as site formation, ground investigation and foundation works in Hong Kong. The Company today announced its unaudited financial results for the six months ended September 30, 2025. First Half of 2025 Financial and Operating Highlights Mr. Chi Kin Kelvin Yeung , Chief Executive Officer of the Company, commented, “In our operating history of approximately 35 years, we have focused on providing substructure works. We take pride in our portfolio in substructure works. In the six months ended September 30, 2025 we continue to provide quality substructure works to our customers and expand our business. Leveraging our established track record, our expertise in substructure operations and our experienced management team, we believe we are well-positioned to capture the growth of the substructure works market in Hong Kong and expand our business.” FINANCIAL RESULTS Revenue Revenue decreased by 7.3% from US$3,789,610 for the six months ended September 30, 2024 to US$3,511,591 for the six months ended September 30, 2025. The decrease was primarily due to certain projects were completed for the year ended March 31, 2025. Cost of revenue Cost of revenue increased by 2.2% from US$2,709,378 for the six months ended September 30, 2024 to US$2,770,148 for the six months ended September 30, 2025. The increase was mainly due to additional work has been necessitated with variation orders for certain projects. Gross profit and gross profit margin The gross profits was US$741,443 for the six months ended September 30, 2025, as compared to the gross profit of US$1,080,232 for the six ended September, 2024, a decrease of US$338,789, or 31.4%. The decrease in gross profit was mainly attributable to additional work has been necessitated with variation orders for certain projects, but the amounts of these variation orders are still under negotiation with the relevant customer. Net income and total comprehensive income Net income and total comprehensive income decreased by 68.6% from US$63...

TEL-AVIV, Israel, March 26, 2026 /PRNewswire/ -- Phoenix Financial Ltd., a leading Israel-based asset management and insurance company (TASE: PHOE) ("Phoenix," the "Group," or the "Company") today reported its full year 2025 results. Highlights Strong growth in comprehensive income – Annual comprehensive income reached NIS 3,186 million in 2025 and NIS 887 million in the fourth quarter of 2025, an increase of 34% and 23% respectively, compared to the corresponding periods last year. Increase in return on equity – Phoenix achieved ROE of 26.6% in 2025 and 28.9% in the fourth quarter of 2025. Strong growth in core income, reaching NIS 2,650 million in 2025 and NIS 665 million in the fourth quarter of 2025, an increase of 16% and 9% respectively, compared to the corresponding periods last year. The growth rate exceeds the rate required to achieve the Company's 2028 guidance of NIS 3.3–3.5 billion. Accelerated growth in asset management activities with NIS 895 million in core income, an increase of approximately 42% compared to 2024. Total AUM reached NIS 610 billion (roughly $200 billion), an increase of approximately 16% compared to the end of 2024. Growing dividend – Phoenix generates strong cash flows and profitable growth and today announced a quarterly dividend of NIS 360 million, or approximately NIS 1.6 per share, with respect to its fourth quarter 2025 results. Total dividends for 2025 amount to NIS 1,310 million, or approximately roughly NIS 6.0 per share, and are in addition to share buybacks of approximately NIS 300 million. Phoenix has updated its dividend policy from a minimum of 40% to a minimum of 45% of comprehensive income and is guiding for combined dividends and buybacks of at least 55% in 2026. Business performance and strategic growth Phoenix reports comprehensive income of NIS 3,186 million (NIS 12.6 per share) for 2025 and NIS 887 million (NIS 3.5 per share) for the fourth quarter of 2025, compared to NIS 2,374 million and NIS 721 million respectively in the corresponding periods last year. Core income for 2025 amounted to NIS 2,650 million and NIS 665 million for the fourth quarter of 2025 compared to NIS 2,296 million and NIS 645 million respectively in the corresponding periods last year (core income excluding capital market, interest rate, and special effects). The current growth rate exceeds the rate required to meet the Company's 20...