Garovaglio y Zorraquín S.A. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was ARS 3,958.27 million compared to ARS 4,212.24 million a year ago. Net income was ARS 43.16 million compared to ARS 125.52 million a year ago. Basic earnings per share from continuing operations was ARS 0.98 compared to ARS 2.85 a year ago.
For the nine months, sales was ARS 12,175.98 million compared to ARS 13,082.7 million a year ago. Net income was ARS 152.35 million compared to ARS 146.38 million a year ago. Basic earnings per share from continuing operations was ARS 3.46 compared to ARS 3.33 a year ago.