Polledo Sociedad Anonima, Industrial, Constructora y Financiera Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023
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Polledo Sociedad Anonima, Industrial, Constructora y Financiera reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was ARS 40.3 million compared to ARS 52.19 million a year ago. Basic earnings per share from continuing operations was ARS 6.277 compared to ARS 8.129 a year ago.
For the nine months, net income was ARS 107.47 million compared to ARS 129.13 million a year ago. Basic earnings per share from continuing operations was ARS 16.74 compared to ARS 20.112 a year ago.
Polledo SAIC y F is an Argentina-based company engaged, through its subsidiaries and affiliates, in the construction and engineering sectors. The Company owns such subsidiaries as Catastros y Relevamientos SA (Catrel SA), which is responsible for the provision of territorial administration and tax collection services, and Polledo Do Brasil Concessoes e Investimentos Ltda, which has operations established in Brazil. Its affiliates include Coviares SA, involved in the construction and exploitation of the Argentinean highways La Plata-Buenos Aires, the Riberena on the Federal Capital and the Nuevo Puente over El Riachuelo, and Covimet SA, engaged in the construction, conservation and exploitation of the northern path of the Argentinean Highway 9 de Julio. It also holds minor stakes in Lismore International SA, Benito Roggio e Hijos SA and Comsa SA, among others. As of December 31, 2011, Roggio SA was the Companyâs majority shareholder with 68.11% of its interest.
Polledo Sociedad Anonima, Industrial, Constructora y Financiera Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
POLLEDO SOCIEDAD ANONIMA, INDUSTRIAL, CONSTRUCTORA Y FINANCIERA 
