PR Newswire
BUENOS AIRES, Argentina, Feb. 13, 2016
BUENOS AIRES, Argentina, Feb. 13, 2016 /PRNewswire/ -- IRSA Inversiones y Representaciones S.A. (NYSE: IRS; BASE: IRSA), the leading real estate company in Argentina, today announces its results for the six-month period of Fiscal Year 2017 Ended December 31, 2016
HIGHLIGHTS
Financial Highlights | ||
Income Statement | 12/31/2016 | 12/31/2015 |
Revenues | 36,831 | 2,164 |
Consolidated Gross Profit | 10,886 | 1,192 |
Consolidated Profit from Operations | 2,288 | 1,948 |
Profit / (Loss) For the Period | 4,197 | (910) |
| | |
Attributable to: | | |
IRSA's Shareholders | 2,067 | (487) |
Non-Controlling interest | 2,130 | (423) |
| | |
EPS (Basic) | 3.59 | (0.84) |
EPS (Diluted) | 3.57 | (0.84) |
| | |
Balance Sheet | 12/31/2016 | 06/30/2016 |
Current Assets | 58,643 | 42,763 |
Non Current Assets | 107,470 | 116,237 |
Total Assets | 166,113 | 159,000 |
Current Liabilities | 41,163 | 43,600 |
Non Current Liabilities | 105,876 | 101,899 |
Total Liabilities | 147,039 | 145,499 |
Non-Controlling Interest | 16,071 | 12,386 |
Shareholders' Equity | 19,074 | 13,501 |
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 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 in 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 as well as IRSA last annual report ended June 30, 2016. All shareholders have the ability to receive a hard copy of the company's financial statement free of charge upon request.
IRSA cordially invites you to participate in its six-month period of FY 2017 Results Conference Call on Monday, February 13, 2017, at 2:00 PM Eastern Time
If you would like to participate, please call:
United States: (877) 344-7529
International: +1-(412) 317-0088
ID# IRSA
To access the webcast, click on the link below:
http://webcast.neo1.net/Cover.aspx?PlatformId=N0NDJsrXTFj%2BCguF%2FTvdXA%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-six-month-period-of-fy-2017-ended-december-31-2016-300406184.html
SOURCE IRSA Inversiones y Representaciones S.A.
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