IRSA Inversiones y Representaciones Sociedad Anónima Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
February 08, 2024 at 09:10 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, 2023. For the second quarter, the company reported sales was ARS 54,359 million compared to ARS 53,574 million a year ago. Net income was ARS 23,422 million compared to ARS 42,749 million a year ago. Basic earnings per share from continuing operations was ARS 31.35 compared to ARS 57 a year ago.
For the six months, sales was ARS 101,457 million compared to ARS 96,193 million a year ago. Net income was ARS 141,519 million compared to ARS 46,992 million a year ago. Basic earnings per share from continuing operations was ARS 189.45 compared to ARS 62.66 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 
