Pampa Energía Reports Strong Revenue Growth Amid Rising Costs

Pampa Energia SA (PAM) has released an update.

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Pampa Energía S.A. reported a substantial increase in revenue for the nine-month period ending September 30, 2024, reaching 1,294,494 million Argentine Pesos, a significant rise from the previous year’s 346,957 million. Despite higher selling and administrative expenses, the company maintained a robust operating income driven by strong gross profits and contributions from associates. This performance highlights Pampa’s resilience and growth potential, making it a noteworthy entity for investors in the energy sector.

For further insights into PAM stock, check out TipRanks’ Stock Analysis page.

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