Sociedad Comercial del Plata S.A. (COME.BA)
Sociedad Comercial del Plata S.A. operates in the Conglomerates industry of the Industrials sector, headquartered in Buenos Aires, BA, AR. The stock last traded at $39.50, down 0.50% on the session, giving a market capitalisation of $276.50B. Its beta of -0.15 implies it has historically moved less than the broad market.
Sociedad Comercial del Plata S.A. is a diversified Argentine conglomerate with extensive operations in the construction, energy, transportation, infrastructure, and real estate sectors, serving both domestic and international markets. The company structures its diverse activities across three primary segments: Construction, Oil, and Agribusiness. Its Construction division provides a broad range of building materials, such as bricks, various types of tiles (including ceramic and porcelain), flooring, coverings, and glass products. In the energy domain, it is actively involved in the exploration, development, and production of hydrocarbons, alongside operating trunk lines for gas transportation. The company also offers essential rail freight services, facilitating the transport of grains from the humid pampas region to ports. Its investment portfolio includes proprietary securities, real estate development projects, and forestry. Additionally, its operations encompass crude oil processing, the marketing and distribution of fuels, lubricants, greases, and asphalt, as well as providing fuel storage and dock services. Within its Agribusiness segment, a significant activity is the manufacturing of frozen pre-fried potato products. Founded in 1927, Sociedad Comercial del Plata S.A. is headquartered in Buenos Aires, Argentina.