Ferrum S.A. de Cerámica y Metalurgia reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was ARS 6,220.37 million compared to ARS 7,757.68 million a year ago. Net income was ARS 598.33 million compared to ARS 1,282.93 million a year ago. Basic earnings per share from continuing operations was ARS 0.0632 compared to ARS 0.1355 a year ago.
For the six months, sales was ARS 14,708.7 million compared to ARS 15,929.14 million a year ago. Net income was ARS 1,686.78 million compared to ARS 2,296.8 million a year ago. Basic earnings per share from continuing operations was ARS 0.1781 compared to ARS 0.2425 a year ago.