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Irsa Inversiones Y Representaciones SA ( (IRS) ) has shared an update.
In its recent financial report, IRSA Inversiones y Representaciones SA revealed a significant net loss of ARS 40,971 million for the first half of fiscal year 2025, compared to a profit of ARS 319,226 million in the previous year, largely due to changes in the fair value of its investment properties. Despite this, the company saw a recovery in real tenant sales in shopping malls and reached full occupancy in its premium office portfolio. The company also expanded its operations by acquiring the ‘Terrazas de Mayo’ shopping mall and selling properties within the Ramblas del Plata project.
More about Irsa Inversiones Y Representaciones SA
IRSA Inversiones y Representaciones Sociedad Anónima is a company based in Argentina, primarily engaged in the real estate sector. The company’s operations include the management and development of shopping malls, residential and office buildings, and hotels, with a significant market presence in Buenos Aires and other major Argentine cities.
YTD Price Performance: -12.50%
Average Trading Volume: 204,175
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.2B
See more data about IRS stock on TipRanks’ Stock Analysis page.
