Ashdod Port: Clean Profit of 162 Million Shekels in the Year's First Nine Months

Ashdod Port Company has published its financial results for the first nine months of 2025. The company reports a net profit of 162 million shekels for the first nine months of 2025, compared to 33 million shekels for the same period last year, a growth of 391%. The revenue turnover for the first nine months of 2025 was 902 million shekels, compared to 738 million shekels for the same period last year, a growth of approximately 22%.

The operating profit for the first nine months of 2025 was 100 million shekels, compared to an operating loss of 12 million shekels for the first nine months of 2024, due to the impact of the 'Iron Sabers' war. The adjusted EBITDA for the first nine months of 2025 was 208 million shekels, compared to 94 million shekels for the first nine months of 2024, a growth of 121%. Other expenses for the first nine months of 2025 were 4 million shekels, compared to other expenses of 15 million shekels for the first nine months of 2024.

Net financing income for the first nine months of 2025 was 104 million shekels, compared to net financing income of 40 million shekels for the first nine months of 2024, due to the pride in the capital market following the completion of the 'With Lions' operation and the arrangements for ending the war.

The net profit for the third quarter of 2025 amounted to 58 million new shekels, compared to 60 million new shekels for the same period last year.

The operating profit before other expenses for the third quarter of 2025 amounted to 42 million new shekels, compared to 34 million new shekels for the same period last year.

The adjusted EBITDA for the third quarter of 2025 amounted to 78 million shekels, compared to 70 million shekels for the same period last year.

Net financing income for the third quarter of 2025 amounted to 38 million new shekels, compared to 33 million new shekels for the same period last year.

The port's financial results are attributed to all port activities; the sectors of containers, vehicles, general cargo, bulk and passenger ships:

In the container sector - the volume of containers loaded and unloaded at the port in the first nine months of 2025, amounted to 548 thousand containers compared to 505 thousand containers in the same period last year. A growth of about 9%. The market share in local containers stands at 39.7%

In the vehicle sector - in the first nine months of 2025, about 68 thousand vehicles were unloaded at the port, compared to about 82 thousand vehicles in the same period last year.

Bulk sector - in the first nine months of 2025, 6,905 thousand tons of bulk were unloaded and loaded (not including fuel shipped by sea), compared to 6,922 thousand tons, reflecting a market share of 52.9% and 53.7%, respectively.

The volume of general cargo in the first nine months of 2025 amounted to 1,091 thousand tons compared to 709 thousand tons in the same period last year. The growth is due to the continued growth in demand for general cargo and recovery in the construction industry.

The passenger ship (cruise) sector - the 'Iron Sabers' war has currently halted activity in the field and the port is preparing for its renewal. In June 2025, six ships docked at Ashdod Port that returned to Israel via Ashdod Port as part of the 'With Lions' operation.

Shaul Schneider, Chairman of the Board of Directors of Ashdod Port: 'The financial results in the nine months of the year prove the resilience of the port and its being a significant player in a competitive and challenging environment. Despite the challenges, we managed to grow in revenue, improve profitability and improve service. We are nearing the end of the budget year and we are meeting all the goals we set for ourselves this year. We are preparing in March with forward-looking, towards the next budget year in investments, in an innovation plan and this in order to be prepared for the rapid growth expected'.

Nissan Levy, CEO of Ashdod Port Company: 'The financial results in the nine months express the continuous and ongoing improvement of the port's activity. The port's revenues crossed the threshold of 900 million shekels in nine months. The operating profit from the business activity during this period stood at 100 million shekels. The EBITDA in the last quarter points to an annual rate of over 300 million shekels. All of these are the result of a combination of arms and harmonious work of the board of directors, management and employees. I want to thank all those who were partners in these results and especially the workers for their hard work'.

Transport Minister Miri Regev: 'Ashdod Port proves again that it is one of the significant growth engines of the Israeli economy. Even in a challenging period, the port shows a leap in revenues, a jump in profitability and an improvement in service. This is exactly the direction I am leading in the transportation system, strengthening national infrastructures, promoting innovation and increasing the resilience of the economy. I congratulate the port management and the workers on a determined and professional action for the benefit of the public and the Israeli economy'.