Grupo Clarín S.A. Reports Earnings Results for the Full Year Ended December 31, 2021
March 11, 2022 at 05:47 pm IST
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Grupo Clarín S.A. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was ARS 40,149.3 million compared to ARS 40,210.34 million a year ago. Net income was ARS 1,039.04 million compared to net loss of ARS 414.11 million a year ago.
Grupo Clarin SA is an Argentina-based company principally engaged in the provision of television (TV) cable services. The Companyâs activities are structured in four business segments: Cable TV and Internet Access, which operates a cable TV network in Latin America and provides broadband Internet services; Printing and Publishing, which focuses on the production and distribution of national and regional newspapers, as well as magazines, supplements, books, collectible products and other periodical publications; Broadcasting and Programming, which includes a variety of TV channels, radio stations and entities active in the content production and provision of advertising services, as well as Digital Content and Others, which creates, hosts and manages a variety of Websites, on-line portals and digital platforms for mobile phones, among others.