Distribuidora Norte is trading at $22.73 (-5.37%) after August 10 second-quarter results showed profit pressured by the absence of last year’s ARS 224.7 billion settlement gain, despite tariff-driven revenue growth.
- EBITDA totaled ARS 313.747 billion.
- Distribution margin increased 7%, but the earnings reaction remains negative.
- Broader markets are weaker, though the move appears primarily earnings-related.