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Renta Earned €2.7 Million in Q1 2022, Up By 69% YoY

Renta Corporación earned 2.7 million euros in the first quarter of 2022, thanks to an increase in revenues and an improvement in the margin of its property business.

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Renta Corporación closed the first quarter of 2022 with a significant increase in its profits, which shot up by 69% from 1.6 million euros in Q1 last year to 2.7 million euros this year.

Revenues in the first quarter increased by 4.7 million euros compared to the same period in 2021, a rise concentrated in the property business as a result of the collection of commissions from the Socimi Vivenio.

Read the full article in Spanish.

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