Grupo Clarín S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2020
September 08, 2020 at 12:30 pm IST
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Grupo Clarín S.A. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was ARS 4,841.948 million compared to ARS 7,914.873 million a year ago. Net income was ARS 327.637 million compared to ARS 97.226 million a year ago. For the half year, sales was ARS 10,232.931 million compared to ARS 14,337.980 million a year ago. Net loss was ARS 230.098 million compared to ARS 248.448 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.
GRUPO CLARÍN S.A. 
