Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 316

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 5
Chunk 316
---
, 2024.
Others. Operating results of the Others segment decreased by ARS 8,526 million from a profit of ARS 28,500 million in the fiscal year ended June 30, 2023 to a profit of ARS 19,974 million in the fiscal year ended June 30, 2024.
Urban Properties and Investment Business

Shopping Malls. Operating results from operations associated with the Shopping Malls segment increased by 37.4%, from a net profit of ARS 122,354 million during the fiscal year ended June 30, 2023, to a net profit of ARS 168,063 million during the fiscal year ended June 30, 2024. Operating results from the Shopping Malls segment, as a percentage of revenues from such segment, increased from 49.8% positive during the fiscal year ended June 30, 2023, to 67.1% positive during the fiscal year ended June 30, 2024.
Offices. Operating results from operations associated with our Offices segment decreased by 770.7%, from a net loss of ARS 9,100 million during the fiscal year ended June 30, 2023, to a net loss of ARS 79,231 million during the fiscal year ended June 30, 2024. Such variation was mainly due to an ARS 71,349 million decrease in the loss from fair value adjustments of investment properties. Operating results from operations associated with the Offices segment, as a percentage of revenues from such segment, increased from 38.3% negative during the fiscal year ended June 30, 2023, to 349.9% negative during the fiscal year ended June 30, 2024.
Sales and Developments. Operating results from operations associated with our Sales and Developments segment decreased by 97.5%, from a net loss of ARS 189,702 million during the fiscal year ended June 30, 2023, to a net loss of ARS 374,655 million during the fiscal year ended June 30, 2024. Such decrease is mainly due to the loss from fair value adjustments of investment properties. Operating results from operations associated with the Sales and Developments segment, as a percentage of revenues from this segment, increased from 835.8% negative during the fiscal year ended June 30, 2023, to 2,906.3% negative during the fiscal year ended June 30,