Libertas 7, S.A. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 30, 2021 at 02:04 pm EDT
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Libertas 7, S.A. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was EUR 3.003 million compared to EUR 814,000 a year ago. Operating loss was EUR 399,000 compared to EUR 134,000 a year ago. Net loss was EUR 283,000 compared to EUR 172,000 a year ago.
Libertas 7 SA is a Spain-based company engaged in the real estate sector and the provision of investment activities. Through the investment division, Libertas 7 SA purchases and manages shares of companies engaged mainly in media, wine, luxury, construction and engineering, diet, renewable energies and financial sectors. In the real estate division, the Companyâs activities include housing development, as well as the leasing of residential and non-residential properties. As of December 31, 2011, the Company owned such subsidiaries as Libertas Novo SL, Ficsa Vivienda Segura SA, Liberty Lux SA, Al Mukhabir SA and Oinos Liber SA, among others. In addition, Finanzas e Inversiones Valencianas SA was the Company's major shareholder with 26.78% of its interest.