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Share Name | Share Symbol | Market | Type |
---|---|---|---|
IRSA Inversiones and Representaciones SA | NYSE:IRS | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.11 | -0.99% | 11.00 | 11.41 | 10.65 | 11.16 | 121,859 | 01:00:00 |
BUENOS AIRES, Argentina, Nov. 11, 2015 /PRNewswire/ -- IRSA Inversiones y Representaciones S.A. (NYSE: IRS; BASE: IRSA), the leading real estate company in Argentina, today announces its results for the first three months of Fiscal Year 2016 Ended September 30, 2015
HIGHLIGHTS
Financial Highlights | ||
Income Statement |
09/30/2015 |
09/30/2014 |
Revenues |
968.5 |
790.1 |
Consolidated Gross Profit |
533.4 |
436.6 |
Consolidated Profit from Operations |
724.0 |
640.1 |
Profit / (Loss) For the Period |
(316.0) |
135.8 |
Attributable to: |
||
IRSA's Shareholders |
(275.7) |
3.3 |
Non-Controlling interest |
(40.3) |
132.5 |
EPS (Basic) |
(0.48) |
0.01 |
EPS (Diluted) |
(0.48) |
0.01 |
Balance Sheet |
09/30/2015 |
06/30/2015 |
Current Assets |
2,694.3 |
1,896.8 |
Non Current Assets |
7,955.4 |
8,346.7 |
Total Assets |
10,649.7 |
10,243.5 |
Current Liabilities |
2,693.7 |
2,689.9 |
Non Current Liabilities |
5,374.2 |
4,682.4 |
Total Liabilities |
8,068.4 |
7,372.3 |
Non-Controlling Interest |
351.8 |
396.9 |
Shareholders' Equity |
2,581.3 |
2,871.2 |
IRSA Inversiones y Representaciones S.A. (NYSE: IRS, BASE: IRSA) is Argentina's largest, most well-diversified real estate company, and it is the only company in the industry whose shares are listed on both the Bolsa de Comercio de Buenos Aires and The New York Stock Exchange. Through its subsidiaries, IRSA manages an expanding top portfolio of shopping centers and office buildings, primarily in Buenos Aires. The company also develops residential subdivisions and apartments (specializing in high-rises and loft-style conversions) and owns three luxury hotels. Its solid, diversified portfolio of properties has established the Company as the leader in the sector in which it participates, making it the best vehicle to access the Argentine real estate market. Additionally, IRSA owns a stake in Banco Hipotecario, Argentina's largest mortgage supplier in the country as well as international opportunistic investments in real estate and other assets.
A longer version of this press release with detailed information is available on the web site: http://www.irsa.com.ar
IRSA cordially invites you to participate in its First three-month 2016 Results Conference Call on Thursday, November 12, 2015, at 8:00 AM Eastern Time
If you would like to participate, please call:
United States: (888) 734-0544
International: +1-(706) 758-3363
ID# 63890052
To access the webcast, click on the link below:
http://webcast.neo1.net/Cover.aspx?PlatformId=PM4Ta1wgHaCiiF20u1oq5A%3D%3D
Investor Relations Department
IRSA Inversiones y Representaciones S.A.
+5411-4323-7449
ir@irsa.com.ar
www.irsa.com.ar
Follow us on Twitter @irsair
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/irsa-inversiones-y-representaciones-sa-announces-results-for-the-first-three-months-2016-ended-september-2015-300177248.html
SOURCE IRSA Inversiones y Representaciones S.A.
Copyright 2015 PR Newswire
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