22.03.2011 • NewsKoor IndustriesAgrochemistryMA Industries

Koor Slides To Q4 Loss

Israeli holding company Koor Industries slid to a large net loss in the fourth quarter, weighed down by its holdings in Credit Suisse and agrochemicals maker MA Industries.

Koor recorded a quarterly loss of 419 million shekels ($118 million), compared with a profit of 32 million shekels a year earlier, when it posted a gain from the sale of Credit Suisse shares. Koor holds a 3.24% stake in the Swiss bank.

Credit Suisse missed expectations with a quarterly profit of 841 million Swiss francs.

Much of Koor's fourth-quarter loss came from a large $159 million loss at MA, the world's biggest maker of generic crop protection products in which Koor owns 47%.

Interview

Stability in Motion
Strategic Response to a Shifting Pharma Landscape

Stability in Motion

Stefan Oelrich, Member of the Board of Management and President Pharmaceuticals, Bayer, discusses navigating external volatility, reshaping its internal structures, and investing in future-ready capabilities to ensure sustainable growth.

Free Expert Insights

Dual‑Targeting Breakthroughs
Advancements in Bispecific Antibody Development

Dual‑Targeting Breakthroughs

Unlock the latest breakthroughs in bispecific antibody development! Download Wiley’s free Expert Insights eBook to explore cutting-edge dual-targeting strategies, advanced purification methods, and bioanalytical technologies transforming immunotherapy and cancer treatment.

most read

Photo
28.07.2025 • NewsChemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.