Planigrupo LATAM, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 27, 2022 at 10:59 pm
Share
Planigrupo LATAM, S.A.B. de C.V. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was MXN 377.42 million compared to MXN 326.42 million a year ago. Net income was MXN 58.58 million compared to MXN 60.37 million a year ago. Basic earnings per share from continuing operations was MXN 0.176898 compared to MXN 0.182309 a year ago. Diluted earnings per share from continuing operations was MXN 0.176898 compared to MXN 0.182309 a year ago.
For the six months, sales was MXN 764.9 million compared to MXN 657.42 million a year ago. Net income was MXN 291.11 million compared to MXN 42.16 million a year ago. Basic earnings per share from continuing operations was MXN 0.879092 compared to MXN 0.127301 a year ago. Diluted earnings per share from continuing operations was MXN 0.879092 compared to MXN 0.127301 a year ago.
Planigrupo Latam SAB de CV, formerly Planigrupo Latam SAPI de CV, is a Mexico-based company primarily engaged in the real estate sector. The Company focuses on providing various services related to retail real estate development and management. The Company offers shopping centers design, construction, development and leasing. In addition, it provides property management to third parties. The Company's properties portfolio is located in numerous regions, in the north, central and south part of Mexico. Its tenants range includes Walmart, Movistar, Chilli's, HSBC, Buger King, Famsa and Domino's Pizza, among others. The Company operates through Diseno PG S de RL de C, Alta Direccion PG S de L de CV, Operaciones Planigrupo SA de CV and Planigrupo Real Estate S de RL de CV, among others.