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Inversora Juramento fiscal Q2 loss widens YOY

Inversora Juramento SA said its normalized net income for the fiscal second quarter ended March 31 came to a loss of 10.9 million pesos, compared with a loss of 1.6 million pesos in the prior-year period.

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

The normalized profit margin was 4.7%.

Total revenue came to 229.9 million pesos, and total operating expenses came to 236.3 million pesos.

Reported net income came to a loss of 11.3 million pesos, or a loss of 3 centavos per share.

As of May 12, US$1 was equivalent to 8.93 Argentine pesos.