Unifin Financiera, S. A. B. De C. V., Sociedad Financiera De Objeto Múltiple, Entidad No Regulada Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
February 19, 2020
Share
Unifin Financiera, S. A. B. De C. V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced operating income was MXN 438 million compared to MXN 485 million a year ago. Net income was MXN 552 million compared to MXN 627 million a year ago. For the full year, operating income was MXN 1,842 million compared to MXN 1,736 million a year ago. Net income was MXN 1,949 million compared to MXN 1,983 million a year ago.
Unifin Financiera SAB de CV SOFOM ENR is a Mexico-based company engaged in the financial industry. The Company operates though three business segments. The Operating Lease segment is responsible for operating leases for construction and industrial equipment, machinery, various types of transportations vehicles, including cars, trucks, helicopters, airplanes and other vessels, and other capital assets. The Financial Factoring segment provides liquidity and financing solutions to its customers by purchasing or discounting their accounts receivable and by providing vendor financing. The Auto Loans and Other Loans segment is focused on financing the acquisition of new and used vehicles. The Company provides its services to small and medium sized companies, as well as individuals.
Unifin Financiera, S. A. B. De C. V., Sociedad Financiera De Objeto Múltiple, Entidad No Regulada Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
UNIFIN FINANCIERA, S. A. B. DE C. V. 
