Plaza S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 29, 2023 at 08:07 pm EDT
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Plaza S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CLP 102,989.51 million compared to CLP 88,971.47 million a year ago. Net income was CLP 167,147 million compared to CLP 82,460.81 million a year ago. Basic earnings per share from continuing operations was CLP 85.28 compared to CLP 42.07 a year ago. Diluted earnings per share from continuing operations was CLP 85.28 compared to CLP 42.07 a year ago.
For the six months, sales was CLP 202,905.43 million compared to CLP 179,091.82 million a year ago. Net income was CLP 208,204.47 million compared to CLP 113,556.37 million a year ago. Basic earnings per share from continuing operations was CLP 106.23 compared to CLP 57.94 a year ago. Diluted earnings per share from continuing operations was CLP 106.23 compared to CLP 57.94 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.