IRSA registered a net loss of $60.59mn in Q3 fiscal year ended March 31

RSA Inversiones y Representaciones S.A. the leading real estate company in Argentina, announced a net lossof AR$4.187 billion ($60.59 million) for the nine-month period of 2020, compared to a loss of AR$13.442 billion ($194.56 million) during the same period of 2019. This lower loss is mainly explained by the result from the deconsolidation of Gav-Yam, offset by lower results of the market valuation of Clal in the Israel operations center and net financial losses in Argentina.

Source: PR Newswire

Categories: Business