Immobiliare Grande Distribuzione SIIQ S.p.A. Reports Earnings Results for the Half Year Ended June 30, 2022
Published on 08/03/2022 at 18:00
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Immobiliare Grande Distribuzione SIIQ S.p.A. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was EUR 68.96 million compared to EUR 73.07 million a year ago. Revenue was EUR 73.75 million compared to EUR 77.93 million a year ago. Net income was EUR 26.46 million compared to EUR 19.45 million a year ago. Basic earnings per share from continuing operations was EUR 0.24 compared to EUR 0.176 a year ago. Diluted earnings per share from continuing operations was EUR 0.24 compared to EUR 0.176 a year ago.
Immobiliare Grande Distribuzione SIIQ SpA, formerly Immobiliare Grande Distribuzione Societa di Investimento Immobiliare Quotata SpA, is an Italy-based company engaged in the real estate sector. The Company is primarily active in the property purchase, development, management and leasing. Additionally, it provides various services related to real estate sector, including promotion of newly opened, expanded or restructured centers; rotation of existing retailers, and facility management services, such as security, cleaning and ordinary maintenance. As of December 31, 2011, the Companyâs portfolio consisted of properties in Italy, including 19 hypermarkets and supermarkets, 19 shopping malls and retail parks, one city center property, four plots of land for direct development, one asset held for trading and 7 others, and properties in Romania, including 15 shopping centers and one office building. It operates through Punta di Ferro Srl.
