Inmobiliaria Colonial, SOCIMI, S.A. Reports Earnings Results for the Half Year Ended June 30, 2022
July 28, 2022 at 02:17 pm EDT
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Inmobiliaria Colonial, SOCIMI, S.A. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was EUR 172.92 million compared to EUR 155.89 million a year ago. Net income was EUR 355.45 million compared to EUR 161.9 million a year ago. Basic earnings per share from continuing operations was EUR 0.67 compared to EUR 0.32 a year ago. Diluted earnings per share from continuing operations was EUR 0.67 compared to EUR 0.32 a year ago.
Inmobiliaria Colonial SOCIMI, S.A. specializes in owning, developing, managing and promoting real estate assets.
At the end of 2022, the portfolio of a total area of 1,566,373 m2 amounted, in market value, to EUR 13 billion.
Rental income breaks down geographically as follows: Spain (41.1%) and France (58.9%).