Plaza S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022 at 07:20 pm EST
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Plaza S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CLP 96,570.35 million compared to CLP 78,036.97 million a year ago. Net income was CLP 18,230.5 million compared to CLP 19,838.71 million a year ago. Basic earnings per share from continuing operations was CLP 9.3 compared to CLP 10.12 a year ago. Diluted earnings per share from continuing operations was CLP 9.3 compared to CLP 10.12 a year ago.
For the nine months, sales was CLP 281,062.39 million compared to CLP 185,137.46 million a year ago. Net income was CLP 53,336.43 million compared to CLP 32,654.39 million a year ago. Basic earnings per share from continuing operations was CLP 27.21 compared to CLP 16.66 a year ago. Diluted earnings per share from continuing operations was CLP 27.21 compared to CLP 16.66 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.