Mirgor Sociedad Anónima, Comercial, Industrial, Financiera, Inmobiliaria y Agropecuaria Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023
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Mirgor Sociedad Anónima, Comercial, Industrial, Financiera, Inmobiliaria y Agropecuaria reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was ARS 162,626.34 million compared to ARS 165,292.37 million a year ago. Net loss was ARS 6,676.82 million compared to net income of ARS 3,681.18 million a year ago. Basic loss per share from continuing operations was ARS 38.73 compared to basic earnings per share from continuing operations of ARS 17.58 a year ago.
For the nine months, sales was ARS 499,297.77 million compared to ARS 489,100.18 million a year ago. Net income was ARS 48.76 million compared to ARS 15,103.99 million a year ago.
Mirgor SACIFIA is an Argentina-based company primarily engaged in the household electronics manufacture. The Company's activities are structured in two business segments: Automotive, which is specialized in the production and distribution of automotive air conditioning systems, gearboxes, heat exchanger units and wheel assemblies, and Home Electronic Appliances, which is involved in the manufacture and commercialization of residential and commercial air conditioning units, microwave ovens, monitor screens, notebooks, sound equipment and cellular phones under Samsung brand name, among others. The Company operates through a number of subsidiaries, such as Industria Austral de Tecnologia SA (IATEC), Interclima SA and Capdo SA. It is controlled by II Tevere SA.
Mirgor Sociedad Anónima, Comercial, Industrial, Financiera, Inmobiliaria y Agropecuaria Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
MIRGOR SOCIEDAD ANÓNIMA, COMERCIAL, INDUSTRIAL, FINANCIERA, INMOBILIARIA Y AGROPECUARIA 
