BUENOS AIRES, Argentina, Nov. 9, 2017 /PRNewswire/ -- IRSA Inversiones y Representaciones S.A. (NYSE: IRS; BYMA: IRSA), the leading real estate company in Argentina, today announces its results for the first quarter of FY 2018 Ended September 30, 2017.
HIGHLIGHTS
Financial Highlights | ||
Income Statement |
09/30/2017 |
09/30/2016 |
Revenues |
20,213 |
17,787 |
Consolidated Gross Profit |
6,486 |
5,461 |
Net result from changes in the fair value of investment properties |
3,404 |
1,396 |
Consolidated Profit from Operations |
5,358 |
2,767 |
Profit / (Loss) For the Period |
74 |
344 |
Attributable to: |
||
IRSA's Shareholders |
553 |
200 |
Non-Controlling interest |
(479) |
144 |
EPS (Basic) |
0.96 |
0.35 |
EPS (Diluted) |
0.96 |
0.35 |
Balance Sheet |
09/30/2017 |
06/30/2016 |
Current Assets |
72,209 |
65,492 |
Non Current Assets |
167,145 |
165,750 |
Total Assets |
239,351 |
231,242 |
Current Liabilities |
44,038 |
46,434 |
Non Current Liabilities |
148,410 |
137,472 |
Total Liabilities |
192,448 |
183,906 |
Non-Controlling Interest |
20,799 |
21,472 |
Shareholders' Equity |
46,906 |
47,336 |
IRSA Inversiones y Representaciones S.A. (NYSE: IRS, BYMA: 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 and owns three luxury hotels 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, including 68.3% stake in the largest conglomerate of Israel, IDB Development Corporation.
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 IQ 2018 Results Conference Call on Tuesday, November 14, 2017, at 8:00 AM Eastern Time.
If you would like to participate, please call:
United States: (844) 308-3343
International: +1-(412) 717-9602
ID# IRSA
To access the webcast, click on the link below:
http://webcast.engagex.com/Cover.aspx?PlatformId=VSF1Aaz%2FV%2BMOar3t1uu8jg%3D%3D
www.irsa.com.ar
Follow us on Twitter @irsair
SOURCE IRSA Inversiones y Representaciones S.A.
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