Servicios Corporativos Javer, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
February 17, 2020
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Servicios Corporativos Javer, S.A.B. De C.V. Announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was MXN 2,023.786 million compared to MXN 2,032.481 million a year ago. Net loss was MXN 84.541 million compared to net income of MXN 17.554 million a year ago. Basic loss per share was MXN 0.3 compared to basic earnings per share of MXN 0.06 a year ago. For the full year, sales was MXN 7,374.769 million compared to MXN 8,321.080 million a year ago. Net income was MXN 8.476 million compared to MXN 230.602 million a year ago. Basic earnings per share was MXN 0.03 compared to MXN 0.83 a year ago.
Servicios Corporativos Javer SAB de CV is a Mexico-based company primarily engaged in the homebuilding sectors. The Company specializes in the design, construction, promotion and sale of housing developments, which are mainly located in the northeastern region of Mexico. The Company's products portfolio comprises single-family and multifamily real estate properties that are structured in three divisions: Affordable Entry-Level, Middle-Income and Residential. The Company also owns land in the states of Nuevo Leon, Jalisco, Aguascalientes, Tamaulipas, Queretaro and Estado de Mexico, Mexico. Moreover, the Company is active in the promotion, development and sale of commercial land plots.
SERVICIOS CORPORATIVOS JAVER, S.A.B. DE C.V. 
