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Earnings News in Argentina flagArgentina

Earnings news gathered from trusted sources: quarterly and annual results, guidance changes and profit warnings, for people who keep their own records

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Argentina’s Budget Surplus Narrows in August as Fiscal Momentum Cools

Earnings

Argentina’s budget balance surplus declined in August 2026, signaling a moderation in the country’s recent fiscal momentum. The budget balance fell to 1,990 million in August from 2,960 million in July 2026, according to data updated on 18 September 2026. The month-on-month drop suggests that while Argentina continues to post a positive budget balance, the cushion has thinned compared with July. The easing surplus could reflect softer revenue growth, higher spending commitments, or a combination of both, though the data provided does not detail the underlying drivers. Investors and policymakers are likely to watch upcoming releases closely to determine whether August’s weaker reading is a temporary fluctuation or the start of a trend that could complicate Argentina’s fiscal management in the months ahead. The material has been provided by InstaForex Company - www.instaforex.com

16 days ago
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Investing News NetworkInvesting News Network
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Lithium Argentina Closes US$180 Million Ganfeng Expansion Deal

Earnings

Lithium Argentina (TSX:LAR,NYSE:LAR) closed a US$180 million investment from Ganfeng Lithium (HKEX:1772,OTCPL:GNENF) this week (September 15) to fund the expansion of its South American operations. Ganfeng structured the capital injection as an unsecured convertible note carrying a 4.0 percent annual coupon. The debt converts into Lithium Argentina common shares at US$12.50 per share. The Swiss-based miner will combine the net proceeds with cash on hand to fully repay US$259 million in existing convertible notes due in January 2027. “With the funds from the Strategic Investment and cash distributions from Cauchari-Olaroz, Lithium Argentina now has a materially stronger balance sheet, with lower net debt, a six-year maturity profile and a low cost of capital,” Lithium Argentina CEO Sam Pigott said in a recent press release . Ganfeng currently holds a 9.6 percent stake in Lithium Argentina. If the note is fully converted, the Chinese lithium producer will acquire an additional 14.4 million common shares, increasing its ownership to approximately 16.1 percent on a fully diluted basis.

18 days ago
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