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Article: IRSA Inversiones y Representaciones Sociedad Anonima Announces Results for the First Quarter Fiscal Year 2010 Ended September 30, 2009.
- Article from:
- PR Newswire
- Article date:
- November 12, 2009
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BUENOS AIRES, Argentina, Nov. 11 /PRNewswire-FirstCall/ -- IRSA Inversiones y Representaciones Sociedad Anonima (NYSE: IRS; BASE: IRSA), the leading real estate company in Argentina, announced its results for the First Quarter Fiscal Year 2010 Ended September 30, 2009.
HIGHLIGHTS
-- Net income for the first quarter of fiscal year 2010 amounted to Ps. 131.4 million, compared to a Ps. 70.3 million loss in the same period of the previous fiscal year. This is mainly attributable to the increase in our operating income and profits from our related company Banco Hipotecario S.A.
-- Operating results for the July-September 2009 period showed a Ps. ...