Plaza S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
September 31, 2021 at 08:09 pm EDT
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Plaza S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced operating income was CLP 18,853.364 million compared to operating loss of CLP 12,302.985 million a year ago. Net income was CLP 2,727.591 million compared to net loss of CLP 16,979.558 million a year ago. Basic earnings per share was CLP 1.39 compared to basic loss per share of CLP 8.66 a year ago. For the half year, operating income was CLP 51,336.282 million compared to CLP 32,890.178 million a year ago. Net income was CLP 12,815.677 million compared to CLP 5,634.903 million a year ago. Basic earnings per share was CLP 6.54 compared to CLP 2.87 a year ago.
Plaza SA is a Chile-based company active in the department store industry. The Company is dedicated to the management, development and promotion of a chain of shopping centers in South America. The Company operates shopping mall in Chile, Peru and Colombia with more than 20 operational malls. The Company has a Gross Leasable Area (GLA) of more than 1.500.000 square meters. The Company offers all kinds of services and products for consumers, such as restaurants and bars, beauty salons, gyms and spas, clothing and footwear stores, movie theaters, leisure areas, supermarkets and hypermarkets, exhibition halls and concert areas, public libraries, parking areas, offices and medical centers, among others.