Grupo Concesionario del Oeste S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was ARS 2,306.21 million compared to ARS 2,169.36 million a year ago. Net income was ARS 87.31 million compared to net loss of ARS 85.44 million a year ago. Basic earnings per share from continuing operations was ARS 0.5457 compared to basic loss per share from continuing operations of ARS 0.534 a year ago.
For the nine months, sales was ARS 6,713.3 million compared to ARS 6,440.65 million a year ago. Net income was ARS 379.7 million compared to net loss of ARS 952.71 million a year ago. Basic earnings per share from continuing operations was ARS 2.3731 compared to basic loss per share from continuing operations of ARS 5.9544 a year ago.