IRSA Inversiones y Representaciones S.A. announces its Results for the Fiscal Year 2020 ended June 30, 2020.
IRSA Inversiones Y Representaciones S.A. Global Depositary Shares (Each representing ten shares of) (IRS)
US:NYSE Investor Relations:
irsa.com.ar
Company Research
Source: PR Newswire
BUENOS AIRES, Argentina, Sept. 29, 2020 /PRNewswire/ -- IRSA Inversiones y Representaciones S.A. (NYSE: IRS; BYMA: IRSA), the leading real estate company in Argentina, announces today its results for the Fiscal Year 2020 ended June 30, 2020.HIGHLIGHTSNet result for the fiscal year showed a profit of ARS 23,731 million, compared to a loss of ARS 38,371 million in the fiscal year 2019. This gain is explained by a higher value in pesos of investment properties in Argentina business center. On March 20, as a consequence of the social, preventive and mandatory lockdown decreed in Argentina due to the COVID-19 pandemic, the hotels and shopping malls throughout the country were closed, working exclusively those essential activities such as pharmacies, supermarkets and banks. This negative impact has been mainly reflected in the 4th quarter of FY 2020. Adjusted EBITDA for Argentine Business Center, excluding the impact of the revaluation of our investment properties at fair value, reached ARS
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IRS
Sec Filings
- 5/10/24 - Form 6-K
- 5/7/24 - Form 6-K
- 5/6/24 - Form 6-K
- IRS's page on the SEC website