IRSA Inversiones y Representaciones Sociedad Anónima Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2021
January 15, 2022
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IRSA Inversiones y Representaciones Sociedad Anónima reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported net income was ARS 26,383 million compared to net loss of ARS 11,998 million a year ago. Basic earnings per share from continuing operations was ARS 32.62 compared to basic loss per share from continuing operations of ARS 20.87 a year ago. Diluted earnings per share from continuing operations was ARS 29.62 compared to diluted loss per share from continuing operations of ARS 20.87 a year ago. Basic earnings per share was ARS 32.62 compared to basic loss per share of ARS 20.87 a year ago. Diluted earnings per share was ARS 29.62 compared to diluted loss per share of ARS 20.87 a year ago.
For the six months, net income was ARS 25,722 million compared to net loss of ARS 882 million a year ago. Basic earnings per share from continuing operations was ARS 31.8. Diluted earnings per share from continuing operations was ARS 28.87. Basic earnings per share was ARS 31.8 compared to basic loss per share of ARS 1.53 a year ago. Diluted earnings per share was ARS 28.87 compared to diluted loss per share of ARS 1.53 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.