Saint Croix Holding Immobilier, SOCIMI, S.A. Reports Earnings Results for the Half Year Ended June 30, 2022
July 28, 2022 at 08:44 am EDT
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Saint Croix Holding Immobilier, SOCIMI, S.A. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was EUR 12.35 million compared to EUR 10.86 million a year ago. Net income was EUR 3.76 million compared to EUR 6.67 million a year ago. Basic earnings per share from continuing operations was EUR 0.84 compared to EUR 1.5 a year ago. Diluted earnings per share from continuing operations was EUR 0.84 compared to EUR 1.5 a year ago.
Saint Croix Holding Immobilier SOCIMI SA is a Spain-based company primarily engaged in the operation of hospitality real estate investment trusts (REITs). The Company focuses on the acquisition and development of urban properties for leasing. Its activities are divided into four segments: Hotels, operating touristic properties; Offices, developing real estate properties used for business purposes; Sales, leasing commercial premises, as well as Others, including logistics and distribution facilities. The Company's properties are located in a number of Spanish cities, such as Madrid and Huelva. Furthermore, It operates through various subsidiaries, including Compania Iberica de Bienes Raices 2009 SOCIMI SAU and Inveretiro SOCIMI SA.