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Stock impact report

IRSA Inversiones y Representaciones S.A. announces its results for Fiscal Year 2024, ended June 30, 2024 [Yahoo! Finance]

Cresud S.A.C.I.F. y A. - American Depositary Shares, each representing ten shares of (CRESY) 
US:NASDAQ Investor Relations: cresud.com.ar/?language=en
Company Research Source: Yahoo! Finance
company in Argentina , announces today its results for the Fiscal Year 2024 ended June 30, 2024 HIGHLIGHTS The rental adjusted EBITDA reached ARS 171,772 million, 8.8% higher than in 2023, driven by the Shopping Centers and Hotels segments. The net result for fiscal year 2024 recorded a loss of ARS 23,054 million due mainly to the negative result due to changes in the fair value of investment properties. Real tenant sales in Shopping Centers fell 4.5% in fiscal year 2024 compared to 2023 due to a first semester of growth and a second semester of contraction in economic activity. Occupancy remained high at 97.4%. During the year we sold 3 floors of the "200 Della Paolera" building, the Suipacha 652/64 building, our 50% stake in Quality Invest S.A, owner of the San Martín property, and we bartered the Ezpeleta property in the district of Quilmes, Buenos Aires province. On the other hand, we signed a management trust contract at cost for the residential development of the "Del Show less Read more
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