Ferrum S.A. de Cerámica y Metalurgia reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was ARS 20,665.76 million compared to ARS 19,370.72 million a year ago. Net income was ARS 1,895.52 million compared to ARS 1,863.25 million a year ago. Basic earnings per share from continuing operations was ARS 0.2002 compared to ARS 0.1968 a year ago.
For the six months, sales was ARS 40,358.03 million compared to ARS 45,804.01 million a year ago. Net income was ARS 4,405.42 million compared to ARS 5,252.75 million a year ago. Basic earnings per share from continuing operations was ARS 0.4652 compared to ARS 0.5547 a year ago.