IRSA Inversiones y Representaciones Sociedad Anónima Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022
February 24, 2023 at 09:24 am EST
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IRSA Inversiones y Representaciones Sociedad Anónima reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was ARS 17,205 million compared to ARS 12,120 million a year ago. Net income was ARS 13,727 million compared to ARS 51,392 million a year ago. Basic earnings per share from continuing operations was ARS 18.8807 compared to ARS 69.982 a year ago. Diluted earnings per share from continuing operations was ARS 16.953 compared to ARS 63.5489 a year ago.
For the six months, sales was ARS 30,890 million compared to ARS 21,527 million a year ago. Net income was ARS 15,090 million compared to ARS 50,105 million a year ago. Basic earnings per share from continuing operations was ARS 20.7644 compared to ARS 68.2305 a year ago. Diluted earnings per share from continuing operations was ARS 18.6384 compared to ARS 61.9627 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 
