Libertas 7, 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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Libertas 7, S.A. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was EUR 3.4 million compared to EUR 12.3 million a year ago. Net income was EUR 0.431 million compared to EUR 1.32 million a year ago. Basic earnings per share from continuing operations was EUR 0.02 compared to EUR 0.06 a year ago. Diluted earnings per share from continuing operations was EUR 0.02 compared to EUR 0.06 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.