Ferrum S.A. de Cerámica y Metalurgia reported earnings results for the first quarter ended September 30, 2023. For the first quarter, the company reported sales was ARS 12,846.51 million compared to ARS 17,244.11 million a year ago. Net income was ARS 1,637.37 million compared to ARS 2,211.19 million a year ago.

Basic earnings per share from continuing operations was ARS 0.1729 compared to ARS 0.2335 a year ago.