Cresud FY26 net profit rises 24.24% to ARS 372.28 billion; revenue increases 13.02% to ARS 1.38 trillion
Reuters2026/09/08 03:12- Cresud posted net profit of ARS 372.28 billion, up 24.24% from ARS 299.64 billion a year earlier.
- Revenue rose 13.00% to ARS 1.38 trillion, while operating profit climbed 30.89% to ARS 386.22 billion.
- Diluted earnings per share increased to ARS 269.68 from ARS 193.93.
- Net cash from operations fell to ARS 62.94 billion from ARS 196.76 billion; cash and equivalents ended at ARS 284.47 billion.
- IRSA bought Los Gallegos mall in Mar del Plata for USD 13.5 million; it also acquired Al Oeste Shopping for USD 9 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Preferred shares of South Korean companies are trading at a record 45% discount in ten years; Samsung's 110 trillion won buyback plan may help eliminate the "Korea discount"
Samsung Electronics' highly anticipated stock buyback plan is raising investor expectations that the South Korean giant will purchase non-voting preferred shares, narrowing their deep discount and setting a precedent for other companies.

A standout performer, privacy coins become the biggest winners in the crypto market this year
Crypto Zhong Liang: 9.8 BTC/ETH Market Perspective
PTPP nears completion of Rp 1.46 trillion Kataraja toll road section at 94.9%