Graña y Montero S.A.A. Reports Unaudited Consolidated Earnings Results for the Year Ended December 31, 2016
January 27, 2017 at 03:28 am
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Graña y Montero S.A.A. reported unaudited consolidated earnings results for the year ended December 31, 2016. For the year, the company's total revenue was PEN 6,055.3 million compared with compared with PEN 7,832.4 million a year ago. Operating profit was PEN 254.9 million compared with compared with PEN 322.1 million a year ago. Profit before income tax was PEN 115.3 million compared with compared with PEN 219.7 million a year ago. Profit attributable to owners of the company was PEN 8.6 million or PEN 0.013 per share compared with compared with PEN 89.1 million or PEN 0.134 per share a year ago. Net cash applied to operating activities was PEN 417.6 million compared with negative PEN 267.4 million a year ago. Payments for property, plant and equipment purchase was PEN 200.8 million compared with PEN 193.2 million a year ago. Net debt as at December 31, 2016 was PEN 2,286,049 against PEN 2,021,445 a year ago. EBITDA was PEN 647.6 million in 2016, lower by 16.8% than the result obtained in 2015.
Aenza SAA, formerly known as Grana y Montero SAA, is a Peru-based company which engages in the Industrial & Commercial Services Business Sector. The main objective of the Company is to engage in investments and commercial operations in general, as well as engineering services, management advice, real estate investments, acquisition, transfer and negotiation of shares, participations or shares of companies, as well as any other securities. The Company's purpose is to transform realities and living conditions promoting development responsible and facilitating the well-being of citizens in permanent commitment with society.