Garovaglio y Zorraquín S.A. reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was ARS 2,061.83 million compared to ARS 2,194.49 million a year ago. Net income was ARS 61.44 million compared to ARS 68.42 million a year ago. Basic earnings per share from continuing operations was ARS 1.4 compared to ARS 1.55 a year ago.
For the nine months, sales was ARS 6,403.78 million compared to ARS 7,727.75 million a year ago. Net income was ARS 71.65 million compared to ARS 557.41 million a year ago. Basic earnings per share from continuing operations was ARS 1.63 compared to ARS 12.67 a year ago.