- Business
- The Gold Bond Group Ltd. (GOLD.TA) is an Israel-based holding company that operates a container and cargo terminal through its primary subsidiary Conterm Ltd.; it provides storage, conveyance, and advanced logistical solutions for cargoes and containers under customs supervision and ports and trains authority oversight. Core services encompass terminal operations including customs-supervised container and cargo handling, unloading, storage of hazardous materials, private railroad extensions for expedited shipment across Israel, train transport; advanced logistics such as temperature-controlled and climate warehouses, isotank and tanker washing, refrigerated container storage, e-commerce warehousing, heavy forklift rentals, and VAT distribution services; it specializes in full container load (FCL) and less-than-container load (LCL) operations, cargo sorting with in-house automation, and tailored solutions for importers, exporters, delivery firms, customs brokers, and maritime companies, primarily in the Ashdod and Haifa regions near Israel's key ports. Founded in 1963 and headquartered in Ashdod's industrial area, the company, formerly known as H.M.N Paper Products Factory Ltd. until its name change in February 1994, operates within the marine ports and services industry, serving domestic trade and supply chain needs amid regional logistics demands. In recent developments, the company reported robust 2024 financial performance with revenues rising 5% to NIS 194.1 million, gross profit up 22% to NIS 40.5 million, and operating profit surging 63% to NIS 23.9 million, driven by expansions in free activity, LCL terminal operations, e-commerce, and efficiency gains despite early-year war disruptions; Q3 2025 results further showed quarterly revenue of NIS 62.8 million and net margins improving to 14% over the trailing twelve months with net income at NIS 32.1 million, reflecting ongoing investments in service upgrades and customer outreach as growth engines; it maintains a consolidated stake yielding profits from Israel Dockyards Industries and continues operational resilience near Ashdod Port.