Naturgy BAN, S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 09, 2021
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Naturgy BAN, S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was ARS 11,963.16 million compared to ARS 16,362.48 million a year ago. Net income was ARS 1,174.28 million compared to ARS 459.68 million a year ago. Basic earnings per share from continuing operations was ARS 3.607 compared to ARS 1.412 a year ago.
For the nine months, sales was ARS 28,667.62 million compared to ARS 38,146.66 million a year ago. Net income was ARS 1,567.72 million compared to ARS 1,033.62 million a year ago. Basic earnings per share from continuing operations was ARS 4.816 compared to ARS 3.175 a year ago.
Naturgy BAN SA, formerly Gas Natural BAN SA, is an Argentina-based company primarily engaged in the distribution and supply of natural gas in the northern and western areas of the Buenos Aires Province. The Company's distribution area comprises around 15,000 square kilometers that include industrial parks and urban areas. In addition, the Company operates the Peak Shaving Plant, a plant active in the cryogenic storage of liquefied natural gas (LNG). Also, Naturgy offers a variety of products and services related with the natural gas.