Mekorot is the national water company of Israel. It operates under the supervision of the Ministry of Energy and Water and the Ministry of Finance, and is accountable to the Israel Water Authority. According to the recent press release of the state-run company, Mekorot writes again a profit.
According to the press release, the revenue turnover in the second quarter of 2025 amounted to approximately NIS 1.44 billion, and the net profit rose to approximately NIS 62 million. EBITDA in the quarter increased by approximately 9% to approximately NIS 387 million.
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The company has cash and cash equivalents, deposits, and a portfolio of marketable securities totalling approximately NIS 1.65 billion. This liquidity will support, among other things, the continued implementation of the investment plan, alongside the cash flow from current operations that the company generates each year, said the company.
During the first half of 2025, the company invested approximately NIS 867 million in the construction and renovation of water plants.
The company’s CEO Amit Lang: “Mekorot continues to demonstrate financial strength with an increase in revenue, net profit, and EBITDA. However, the harsh winter and climate forecasts remind us that there is no such thing as resilience, and therefore the company is prepared to increase its development scope, a move that will allow it to connect isolated areas, rehabilitate northern and southern communities, and make additional investments in technology and innovation.”
Based on the press release of the company. Selected as relevant, shortened and translated by VonNaftali.