Cresud Sa (CRESY) Reports Q2 Results
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Cresud S.A.C.I.F. y A. (NASDAQ: CRESY, BYMA: CRES), leading Argentine agricultural company, announces today its results for the second quarter of FY 2022 ended December 31, 2021
February 11, 2022 4:22 PM ESTBUENOS AIRES, Argentina, Feb. 11, 2022 /PRNewswire/ -- HIGHLIGHTS
The net result for the first half of fiscal year 2022 recorded a gain of ARS 38,030 million compared to ARS 4,924 million loss in the same period of 2021, mainly due to higher agricultural operating results and the gain from changes in fair value of investment properties from IRSA.Adjusted EBITDA for the period reached ARS 15,829 million, 21.7% higher than in 2021. Adjusted EBITDA of the agribusiness segments reached ARS 12,098 million, due to higher results from grains, sugar cane and farmland sales.The 2022 campaign is developing with... More