trending Market Intelligence /marketintelligence/en/news-insights/trending/lXEH8BjeBkND6O5TWoqdYw2 content esgSubNav
In This List

Empresas Iansa Q2 profit falls YOY

Case Study

An International Logistics Company Streamlines Transfer Pricing for Its Extensive Network of Subsidiaries

Podcast

Next in Tech | Episode 168: AI Data Strategies

Podcast

Street Talk | Episode 126: Hunting the bears, making the bull case for CRE

Blog

Investment Banking Essentials May 15


Empresas Iansa Q2 profit falls YOY

Empresas Iansa SA said its normalized net income for the second quarter came to $1.0 million, a fall of 73.7% from $3.9 million in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin fell to 0.8% from 2.7% in the year-earlier period.

Total revenue decreased 6.4% on an annual basis to $132.4 million from $141.5 million, and total operating expenses declined on an annual basis to $130.4 million from $133.9 million.

Reported net income fell 72.8% from the prior-year period to $1.2 million, or 0 cents per share, from $4.4 million, or 0 cents per share.