Libertas 7, S.A. Reports Earnings Results for the Half Year Ended June 30, 2021
July 29, 2021 at 01:32 pm EDT
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Libertas 7, S.A. Announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was EUR 12.298 million compared to EUR 1.381 million a year ago. Operating income was EUR 2.372 million compared to operating loss of EUR 575,000 a year ago. Net income was EUR 1.318 million compared to net loss of EUR 1.203 million a year ago. Basic earnings per share from continuing operations was EUR 0.06.
Libertas 7 SA is a Spain-based company engaged in the real estate sector and the provision of investment activities. Through the investment division, Libertas 7 SA purchases and manages shares of companies engaged mainly in media, wine, luxury, construction and engineering, diet, renewable energies and financial sectors. In the real estate division, the Companyâs activities include housing development, as well as the leasing of residential and non-residential properties. As of December 31, 2011, the Company owned such subsidiaries as Libertas Novo SL, Ficsa Vivienda Segura SA, Liberty Lux SA, Al Mukhabir SA and Oinos Liber SA, among others. In addition, Finanzas e Inversiones Valencianas SA was the Company's major shareholder with 26.78% of its interest.