Ferrum S.A. de Cerámica y Metalurgia reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was ARS 17,608.85 million compared to ARS 27,003.06 million a year ago. Net loss was ARS 1,029.5 million compared to net income of ARS 3,291.61 million a year ago. Basic loss per share from continuing operations was ARS 0.108 compared to basic earnings per share from continuing operations of ARS 0.348 a year ago. Diluted loss per share from continuing operations was ARS 0.108 compared to diluted earnings per share from continuing operations of ARS 0.348 a year ago.
For the nine months, sales was ARS 78,800.46 million compared to ARS 96,451.97 million a year ago. Net income was ARS 5,650.09 million compared to ARS 11,255.93 million a year ago. Basic earnings per share from continuing operations was ARS 0.597 compared to ARS 1.189 a year ago. Diluted earnings per share from continuing operations was ARS 0.597 compared to ARS 1.189 a year ago.