Plaza S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 30, 2022 at 08:43 pm EDT
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Plaza S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CLP 93,445.59 million compared to CLP 47,479.41 million a year ago. Net income was CLP 13,827.49 million compared to CLP 2,727.59 million a year ago. Basic earnings per share from continuing operations was CLP 7.05 compared to CLP 1.39 a year ago. Diluted earnings per share from continuing operations was CLP 7.05 compared to CLP 1.39 a year ago.
For the six months, sales was CLP 184,492.04 million compared to CLP 107,100.49 million a year ago. Net income was CLP 35,105.93 million compared to CLP 12,815.68 million a year ago. Basic earnings per share from continuing operations was CLP 17.91 compared to CLP 6.54 a year ago. Diluted earnings per share from continuing operations was CLP 17.91 compared to CLP 6.54 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.