Ferrum S.A. de Cerámica y Metalurgia reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was ARS 6,961.9 million compared to ARS 8,697.31 million a year ago. Net income was ARS 848.64 million compared to ARS 1,245.87 million a year ago. Basic earnings per share from continuing operations was ARS 0.0896 compared to ARS 0.1316 a year ago.
For the nine months, sales was ARS 24,867.15 million compared to ARS 28,088.23 million a year ago. Net income was ARS 2,901.99 million compared to ARS 4,041.82 million a year ago. Basic earnings per share from continuing operations was ARS 0.3064 compared to ARS 0.4268 a year ago.