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Garovaglio y Zorraquín S.A. reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was ARS 10,200.63 million compared to ARS 15,352.91 million a year ago. Net income was ARS 1,062.49 million compared to ARS 167.41 million a year ago. Basic earnings per share from continuing operations was ARS 24.15 compared to ARS 3.8 a year ago.For the nine months, sales was ARS 41,271.71 million compared to ARS 47,226.85 million a year ago. Net loss was ARS 2,285.48 million compared to net income of ARS 590.9 million a year ago. Basic loss per share from continuing operations was ARS 51.94 compared to basic earnings per share from continuing operations of ARS 13.43 a year ago.
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Revenue | 10200.63 | 13564.4 | 6928.08 | 9698.74 |
Gross Profit | 3176.33 | 3776.06 | 2771.89 | 5029.85 |
Operating Income | 1444.46 | 1490.38 | 1579.09 | 3606.79 |
Net Income | 1062.49 | -2562.53 | 354.42 | 214 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Assets | 29045.59 | 21772.17 | 14753.51 | 10796.17 |
Total Liabilities | 21114.52 | 17473.08 | 9412.64 | 7203.52 |
Total Equity | 7931.07 | 4299.09 | 5340.87 | 3592.65 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -4993.94 | 4928.3 | 928.52 | 1324.72 |
Cash From Investing Activities | 2837.55 | -59.76 | -815.5 | -1596.87 |
Cash From Financing Activities | 2124 | -4877.39 | -81.61 | 160.03 |
Net Change in Cash | -32.39 | -8.85 | 31.41 | -112.12 |
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