Article: Cresud S.A.C.I.F. y A. Announces Results for the First Quarter Fiscal Year 2010 Ended September 30, 2009.

BUENOS AIRES, Argentina, Nov. 11 /PRNewswire-FirstCall/ -- Cresud S.A.C.I.F. y A. , today announces 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. 61.8 million, compared to a loss of Ps. 37.4 million in the first quarter of the previous fiscal year, mainly attributable to the operating income of IRSA's real estate business, which amounted to Ps. 110.0 million, and income from IRSA's related companies (Banco Hipotecario S.A.)

- Operating results for the quarter showed a Ps. 90.3 million profit, composed of operating income of Ps. 110.0 ...

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