From the Wires
Cresud S.A.C.I.F. y A. Announces Results for the First Semester 2013 Ended December, 2012
By: PR Newswire
Feb. 18, 2013 10:15 PM
BUENOS AIRES, Argentina, Feb. 18, 2013 /PRNewswire/ -- Cresud S.A.C.I.F. y A. (Nasdaq: CRESY, BASE: CRES), today announces results for the First Semester 2013 ended December 31, 2012.
Cresud is a leading South American agricultural company with a growing presence in Latin American countries. Cresud is currently involved in a range of activities including crop production, cattle raising and milk production. Cresud's business model, which is being rolled out regionally in Latin America, taking into account the specific conditions of each country, focuses on the acquisition, development and exploitation of properties having attractive prospects for agricultural production and/or value appreciation and the selective disposition of such properties where appreciation has been realized.
Additionally, Cresud owns a 64.50% stake in IRSA Inversiones y Representaciones S.A., Argentina's largest, most well-diversified real estate company. Through its subsidiaries, IRSA manages an expanding top portfolio of shopping centers and office buildings, primarily in Buenos Aires. The company also develops residential subdivisions and apartments (specializing in high-rises and loft-style conversions) and owns three luxury hotels.
A longer version of this press release with detailed information is available on the web site: http://www.cresud.com.ar.
Cresud cordially invites you to participate in its First Semester 2013 Results Conference Call on Tuesday, February 19, 2013, at 12:30 PM Eastern Time
If you would like to participate, please call:
To access the webcast, click on the link below:
SOURCE Cresud S.A.C.I.F. y A.
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