Mirgor Sociedad Anónima, Comercial, Industrial, Financiera, Inmobiliaria y Agropecuaria Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 09, 2021
Share
Mirgor Sociedad Anónima, Comercial, Industrial, Financiera, Inmobiliaria y Agropecuaria announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was ARS 35,725.241 million compared to ARS 15,822.352 million a year ago. Operating income was ARS 1,984.730 million compared to operating loss of ARS 84.496 million a year ago. Net income was ARS 2,531.704 million compared to net loss of ARS 434.847 million a year ago. For the half year, sales was ARS 65,483.319 million compared to ARS 29,347.231 million a year ago. Operating income was ARS 2,382.811 million compared to operating loss of ARS 855.587 million a year ago. Net income was ARS 3,808.983 million compared to net loss of ARS 530.459 million a year ago.
Mirgor SACIFIA is an Argentina-based company primarily engaged in the household electronics manufacture. The Company's activities are structured in two business segments: Automotive, which is specialized in the production and distribution of automotive air conditioning systems, gearboxes, heat exchanger units and wheel assemblies, and Home Electronic Appliances, which is involved in the manufacture and commercialization of residential and commercial air conditioning units, microwave ovens, monitor screens, notebooks, sound equipment and cellular phones under Samsung brand name, among others. The Company operates through a number of subsidiaries, such as Industria Austral de Tecnologia SA (IATEC), Interclima SA and Capdo SA. It is controlled by II Tevere SA.
Mirgor Sociedad Anónima, Comercial, Industrial, Financiera, Inmobiliaria y Agropecuaria Reports Earnings Results for the Second Quarter Ended June 30, 2021