Grupo Mirgor announced the financial results for the last quarter of 2021 and, therefore, for the entire year. It is clear from them that, although revenue grew compared to the previous year, profits decreased.

Specifically, the Argentine company reported revenues of $188,888 million, which represents an increase of more than 45% compared to $129,828 million the previous year.

However, despite the increase in sales, the total net result went from $8,131 million in 2020 to $6,190 million in the last period, which represented 3.28% of income.

In turn, the gross margin was 16.46%, decreasing almost five points in relation to the previous margin, going to $31,097 million from $28,166 million.

On the other hand, administrative expenses increased by 24.02%, with the increase in salaries having a strong impact on this.
and wages, due to the increase in staffing during the year and the inflationary impact on the entire item.

Regarding commercial expenses, they had an increase of 23.26% compared to fiscal year 2020 and other operating expenses have been reduced by 31.78% compared to the previous year.

In the statement to shareholders, Grupo Mirgor also reported that its goal is to create two new entities in 2022. "One of them, under the legal form of a Foundation focused on centralizing the actions that the Group has been promoting for the development of the communities where it carries out its main activities. On the other hand, the intention is to create a company whose corporate purpose is to carry out all activities related to Innovation and Development," it was expressed.

Invest in Mirgor
To take advantage of this growth and obtain an economic benefit, you can invest in Mirgor from Argentina in a simple way. To do so, all you have to do is open a client account in a brokerage company regulated by the National Securities Commission such as Bull Market Brokers.

Subsequently, it is necessary to transfer the desired funds from a bank account of the same owner and go to the leading panel, where Mirgor will be available under the ticker “MIRG”.

Dolarhoy