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Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was ARS 101,239 million compared to ARS 101,073 million a year ago. Net loss was ARS 13,711 million compared to net income of ARS 20,252 million a year ago. Basic loss per share from continuing operations was ARS 23.16 compared to basic earnings per share from continuing operations of ARS 34.28 a year ago. Diluted loss per share from continuing operations was ARS 23.16 compared to diluted earnings per share from continuing operations of ARS 29.32 a year ago.For the six months, sales was ARS 204,745 million compared to ARS 210,149 million a year ago. Net income was ARS 48,800 million compared to ARS 32,929 million a year ago. Basic earnings per share from continuing operations was ARS 82.42 compared to ARS 55.73 a year ago. Diluted earnings per share from continuing operations was ARS 69.91 compared to ARS 47.67 a year ago.
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Revenue | 101239 | 103506 | 79921 | 28334 |
Gross Profit | 53846 | 41626 | 26883 | 10083 |
Operating Income | 35608 | 23167 | 4881 | -171 |
Net Income | -13711 | 62511 | 23383 | 7615 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Assets | 2693733 | 1556539 | 1069353 | 847714 |
Total Liabilities | 1551249 | 835389 | 586327 | 472042 |
Total Equity | 1142484 | 721150 | 483026 | 375672 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 13090 | 35677 | 29492 | 6853 |
Cash From Investing Activities | 51228 | 3059 | -1515 | 10930 |
Cash From Financing Activities | -87522 | -24973 | -36881 | -20815 |
Net Change in Cash | 6229 | 15097 | -6132 | -1716 |
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