Why did Nocera's operating expenses drop sharply in Q3 2024?

Nocera's operating expenses dropped sharply in Q3 2024 due to a combination of factors:

1. **Decrease in Rent Expenses**: With the repeal of rent control laws in Argentina, the housing market experienced a significant shift. Rents increased dramatically, and the number of rental properties grew substantially. This reduction in rent-related expenses is a direct consequence of these market changes.
2. **Cost Management Strategies**: The company's cost management strategies likely played a role in reducing operating expenses. For instance, Nocera may have implemented more efficient processes, reduced unnecessary expenditures, or negotiated better prices with suppliers.

In summary, the drop in Nocera's operating expenses in Q3 2024 can be attributed to a combination of factors, including a decrease in rent expenses and effective cost management strategies.