Grupo Clarín S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 02:00 am EDT
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Grupo Clarín S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was ARS 13,443.01 million compared to ARS 12,920.74 million a year ago. Net income was ARS 68.83 million compared to ARS 260.59 million a year ago.
For the six months, sales was ARS 25,788.42 million compared to ARS 25,449.19 million a year ago. Net income was ARS 132 million compared to ARS 1,499.47 million a year ago.
Grupo Clarin SA is an Argentina-based company principally engaged in the provision of television (TV) cable services. The Companyâs activities are structured in four business segments: Cable TV and Internet Access, which operates a cable TV network in Latin America and provides broadband Internet services; Printing and Publishing, which focuses on the production and distribution of national and regional newspapers, as well as magazines, supplements, books, collectible products and other periodical publications; Broadcasting and Programming, which includes a variety of TV channels, radio stations and entities active in the content production and provision of advertising services, as well as Digital Content and Others, which creates, hosts and manages a variety of Websites, on-line portals and digital platforms for mobile phones, among others.