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.