Grupo Clarín S.A. Reports Earnings Results for the Third Quarter Ended September 30, 2020
December 07, 2020 at 12:30 pm IST
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Grupo Clarín S.A. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was ARS 5,858.319 million compared to ARS 8,230.116 million a year ago. Net loss was ARS 460.963 million compared to ARS 598.400 million a year ago. For the nine months, sales was ARS 16,874.575 million compared to ARS 23,665.661 million a year ago. Net loss was ARS 708.676 million compared to ARS 865.867 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. 
