Metrovacesa S.A. Reports Earnings Results for the Half Year Ended June 30, 2022
July 29, 2022 at 08:14 am EDT
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Metrovacesa S.A. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported net income was EUR 12.03 million compared to net loss of EUR 2.21 million a year ago. Basic earnings per share from continuing operations was EUR 0.0793 compared to basic loss per share from continuing operations of EUR 0.0146 a year ago. Diluted earnings per share from continuing operations was EUR 0.0793 compared to diluted loss per share from continuing operations of EUR 0.0146 a year ago.
Metrovacesa SA, formerly Metrovacesa Suelo y Promocion SA, is a Spain-based real estate developer. The Company specializes in construction and sale of sustainable housing, both single-family and multi-family residential properties. Its activities also include promotion, urbanization and parceling of real estate in general, as well as real estate management for own benefit or on behalf of third parties. Its asset portfolio includes more than 6 million square meters of building land across Spain, as well as already developed properties in cities, such as Malaga, Almeria, Cordoba, Barcelona and Madrid, among others.
METROVACESA S.A. 
