PROPAFISA S.A.E.C.A.

What it is

PROPAFISA’s registered activity is the broadest possible commercial mandate: to buy, transform, produce and sell all classes of merchandise, raw materials and products, including import, export and industrial processing. In practice, the company operates primarily in the agricultural sector, with activities that include the purchase, sale and auction of livestock, as well as the import and export of raw materials for different industries.

The suffix S.A.E.C.A. — Sociedad Anónima Emisora de Capital Abierto — designates a company that has opened its capital to the possibility of attracting new shareholders, a status that brings mandatory transparency obligations to the securities regulator.

Who owns it

The board president is Dr. Abderrada Yambay, and the family name recurs across multiple Paraguayan companies in livestock, petroleum and insurance — indicating PROPAFISA sits within a broader Yambay family business group. A separate company, Aseguradora del Sur (ASUR), lists Abderrada Yambay, César Yambay Pereyra and Carlos A.

Prette Martínez as representatives, suggesting a tightly held family structure across group entities.

Not published: the precise ownership percentage held by the Yambay family, and the public free-float, were not disclosed in the SIV filings page (siv.bcp.gov.py), the BVPASA emisor listing (bolsadevalores.com.py), or any public filing accessed. Paraguayan securities law (Resolución General del Mercado de Valores N° 35/2023, Título 4) requires periodic disclosure of significant shareholding changes, but no such filing was found publicly for PROPAFISA.

Who runs it

Dr. Abderrada Yambay serves as President, with Lic. Lilian Raquel Gabaglio listed as the company’s designated compliance officer (encargado) for regulatory filings with the Superintendencia de Valores.

Not published: the names of a chief executive officer distinct from the board president, a chief financial officer, and any independent directors were not found in the SIV filings page or in any accessible public document. The founding year also does not appear in any primary source reviewed.

The money, in plain words

No financial figures — revenue, profit, total assets, or any derived ratio — are publicly available for PROPAFISA. The Superintendencia de Valores suspended the company in April 2024 because it had failed to submit its annual audited financial statements for the year ending 31 December 2023, as required by the Reglamento General del Mercado de Valores, Resolución N° 35/2023, Título 4, Capítulo 3.

That means the most recent set of audited accounts has never reached the public domain through any channel this research could verify.

Not published: revenue, net profit, total assets, net margin, return on equity, price-to-earnings, and dividend yield were not found on the SIV filings page, the BVPASA emisor page, or via EMIS (which holds financials behind a paid subscription). EODHD carries no financial data for this ticker.

Until PROPAFISA files its overdue accounts, no independent financial analysis is possible.

What it is doing now

As of the date of this profile, PROPAFISA is under a preventive suspension of market operations, imposed by the Superintendencia de Valores on 15 November 2024, because the company failed to submit its quarterly periodic information to 30 September 2024, as required by Resolution SV.SG. N° 0022/2024.

This is the company’s second suspension in less than a year — the first followed the missing 2023 annual report.

The practical consequence is that PROPAFISA cannot raise new money through its stock-exchange listing — it cannot issue shares or bonds in the primary market — until the suspension is lifted, which requires it to submit all overdue filings and satisfy the regulator.

What to watch

• Filing of overdue accounts. The single most important trigger is the submission and publication of audited financial statements for 2023 and the periodic reports for 2024. Until then, no fundamental analysis of the company is possible.
• Lifting of the suspension. A clean bill of regulatory health from the Superintendencia de Valores would restore the company’s ability to access capital markets — and would be the first signal that governance has improved.
• Yambay group strategy. PROPAFISA’s fortunes are tied to a wider family conglomerate spanning livestock, energy and insurance; any restructuring or consolidation within the group would directly affect this entity.
• Paraguay’s agricultural cycle. As an agropecuario-focused trader, results will track commodity prices and the country’s soy and cattle cycles — both sensitive to La Niña weather patterns and Brazil-driven regional demand.

This is news, not investment advice.