PR Newswire
BUENOS AIRES, Argentina, May 10, 2018
BUENOS AIRES, Argentina, May 10, 2018 /PRNewswire/ -- IRSA Inversiones y Representaciones S.A. (NYSE: IRS; BYMA: IRSA), the leading real estate company in Argentina announces today its results for the third quarter of FY 2018 ended March 31, 2018.
HIGHLIGHTS
Financial Highlights
(In millions of Argentine Pesos)
IIIQ18 ended March 31, 2018
Income Statement | 03/31/2018 | 03/31/2017 (adjusted) |
Revenues | 65,696 | 55,201 |
Consolidated Gross Profit | 20,932 | 16,739 |
Net result from changes in the fair value of investment properties | 12,796 | 3,042 |
Consolidated Profit from Operations | 18,691 | 6,814 |
Profit For the Period | 11,290 | 6,506 |
| | |
Attributable to: | | |
IRSA's Shareholders | 9,405 | 3,784 |
Non-Controlling interest | 1,885 | 2,722 |
| | |
EPS (Basic) | 16,36 | 6,58 |
EPS (Diluted) | 16,24 | 6,54 |
| | |
Balance Sheet | 03/31/2018 | 06/30/2017 |
Current Assets | 84,227 | 65,492 |
Non Current Assets | 195,530 | 165,750 |
Total Assets | 279,757 | 231,242 |
Current Liabilities | 51,401 | 46,434 |
Non Current Liabilities | 169,305 | 137,472 |
Total Liabilities | 220,706 | 183,906 |
Non-Controlling Interest | 28,400 | 21,472 |
Shareholders' Equity | 59,051 | 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 100.0% indirect stake in IDB Development Corporation and 76.6% indirect stake in Discount Corporation Ltd., leading conglomerates in Israel.
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 IIIQ 2018 Results Conference Call on Friday, May 11, 2018, at 10:00 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://webcastlite.mziq.com/cover.html?webcastId=84f9ca09-47a6-4eff-8228-fc2fa902e032
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
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SOURCE IRSA Inversiones y Representaciones S.A.
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