Inmobiliaria Del Sur, S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
February 26, 2021 at 04:02 pm EST
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Inmobiliaria del Sur, S.A. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was EUR 87.650 million compared to EUR 121.626 million a year ago. Operating income was EUR 22.113 million compared to EUR 17.934 million a year ago. Net income was EUR 21.080 million compared to EUR 8.844 million a year ago. Basic earnings per share from continuing operations was EUR 1.26 compared to EUR 0.53 a year ago.
Inmobiliaria del Sur SA (Insur) is a Spain-based company engaged in the real estate sector. The Company is primarily involved in the construction, acquisition, management, promotion, rental and sale of residential and non-residential properties, which are located in Cordoba, Malaga, Cadiz, Madrid, Huelva, and Seville, among others. Its main activities are divided into three areas: Housing, Offices & Commercials and Parking. Furthermore, the Company is a parent of Parking Insur SAU, Hacienda la Cartuja SA, Coopinsur SAU, Inversiones Sevillanas SAI, Bellasur Patrimonial SA, Innovacion en Desarrollos Urbanos del Sur SA, and Viasur Soluciones Inmobiliarias SLU, among others, which together form Insur Group.