Plaza S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 06:59 pm EST
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Plaza S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CLP 110,408.72 million compared to CLP 94,378.22 million a year ago. Net income was CLP 59,268.23 million compared to CLP 28,070.44 million a year ago. Basic earnings per share from continuing operations was CLP 30.24 compared to CLP 14.32 a year ago. Diluted earnings per share from continuing operations was CLP 30.24 compared to CLP 14.32 a year ago.
For the nine months, sales was CLP 313,314.16 million compared to CLP 273,470.04 million a year ago. Net income was CLP 267,472.69 million compared to CLP 141,626.81 million a year ago. Basic earnings per share from continuing operations was CLP 136.47 compared to CLP 72.26 a year ago. Diluted earnings per share from continuing operations was CLP 136.47 compared to CLP 72.26 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.