Garovaglio y Zorraquín S.A. reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was ARS 1,600.35 million compared to ARS 2,347.48 million a year ago. Net loss was ARS 30.47 million compared to net income of ARS 221.19 million a year ago. Basic loss per share from continuing operations was ARS 0.69 compared to basic earnings per share from continuing operations of ARS 5.03 a year ago.
For the six months, sales was ARS 3,740.82 million compared to ARS 4,767.18 million a year ago. Net income was ARS 8.8 million compared to ARS 421.3 million a year ago. Basic earnings per share from continuing operations was ARS 0.2 compared to ARS 9.57 a year ago.