IRSA Inversiones y Representaciones Sociedad Anónima Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024
May 08, 2024 at 01:16 pm
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IRSA Inversiones y Representaciones Sociedad Anónima reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was ARS 59,734 million compared to ARS 63,120 million a year ago. Net loss was ARS 319,500 million compared to net income of ARS 48,089 million a year ago. Basic loss per share from continuing operations was ARS 428.86 compared to basic earnings per share from continuing operations of ARS 64.2 a year ago. Diluted loss per share from continuing operations was ARS 428.86 compared to diluted earnings per share from continuing operations of ARS 58.79 a year ago.
For the nine months, sales was ARS 213,565 million compared to ARS 208,970 million a year ago. Net loss was ARS 104,926 million compared to net income of ARS 119,339 million a year ago. Basic loss per share from continuing operations was ARS 140.84 compared to basic earnings per share from continuing operations of ARS 159.33 a year ago. Diluted loss per share from continuing operations was ARS 140.84 compared to diluted earnings per share from continuing operations of ARS 145.89 a year ago.
IRSA Inversiones y Representaciones Sociedad Anonima is a holding company. The Company invests on its own behalf and through investee companies in companies operating in various sectors of the Israeli and global economy. The Company's segments are Cellcom, which includes cellular telephone services, content and added value services, other services and revenues from the sale of end user equipment in the cellular field; Property and Buildings and projects in Las Vegas, which includes the rental of income-generating properties and residential buildings; Shufersal, which includes retail and the rental of income-generating properties; Adama, which includes the sale of agro products and non-agro products; Clal Insurance Enterprise Holdings, which operates through subsidiary companies in the fields of insurance, pensions and provident funds, in the field of financial services and in the holding of assets and real businesses, and Others.
IRSA INVERSIONES Y REPRESENTACIONES SOCIEDAD ANÓNIMA 
