Plaza S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022 at 08:05 pm EDT
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Plaza S.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CLP 91,046.45 million compared to CLP 59,621.08 million a year ago. Net income was CLP 21,278.43 million compared to CLP 10,088.09 million a year ago. Basic earnings per share from continuing operations was CLP 10.86 compared to CLP 5.15 a year ago. Diluted earnings per share from continuing operations was CLP 10.86 compared to CLP 5.15 a year ago.
Plaza SA is a Chile-based company active in the department store industry. The Company is dedicated to the management, development and promotion of a chain of shopping centers in South America. The Company operates shopping mall in Chile, Peru and Colombia with more than 20 operational malls. The Company has a Gross Leasable Area (GLA) of more than 1.500.000 square meters. The Company offers all kinds of services and products for consumers, such as restaurants and bars, beauty salons, gyms and spas, clothing and footwear stores, movie theaters, leisure areas, supermarkets and hypermarkets, exhibition halls and concert areas, public libraries, parking areas, offices and medical centers, among others.