Plaza S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 14, 2024
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Plaza S.A. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was CLP 106,590 million compared to CLP 97,429 million a year ago. Net income was CLP 82,286 million compared to CLP 16,040 million a year ago.
For the full year, the company reported sales was CLP 419,903.78 million compared to CLP 370,898.94 million a year ago. Net income was CLP 349,758.85 million compared to CLP 157,666.76 million a year ago. Basic earnings per share from continuing operations was CLP 178.45 compared to CLP 80.44 a year ago. Diluted earnings per share from continuing operations was CLP 178.45 compared to CLP 80.44 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.