IRSA Inversiones y Representaciones S.A. announces results for the first quarter of Fiscal Year 2021 ended September 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, Nov. 18, 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 first quarter of the Fiscal Year 2021 ended September 30, 2020.HIGHLIGHTSThe net result for the first quarter of fiscal year 2021 recorded a gain of ARS 8,340 million compared to ARS 15,017 million in the same period of 2020. The result from continuing operations recorded a gain of ARS 14,736 million mainly due to higher results from changes in the fair value of the investment properties. The result of discontinued operations recorded a loss of ARS 6,396 million as a result of the deconsolidation of the investment in Israel since September 30, 2020. On March 20, as a consequence of the social, preventive and mandatory lockdown due to the COVID-19 pandemic, the closure of shopping malls and hotels throughout the country took place. This impact has been reflected in the results of
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- IRSA Inversiones y Representaciones Sociedad Anónima (NYSE: IRS) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- IRSA Inversiones y Representaciones Sociedad Anónima (NYSE: IRS) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
IRS
Sec Filings
- 5/6/24 - Form 6-K
- 5/2/24 - Form 6-K
- 5/2/24 - Form 6-K
- IRS's page on the SEC website