Corpovael, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MXN 1,022.56 million compared to MXN 839.17 million a year ago. Net income was MXN 109.82 million compared to MXN 30.03 million a year ago. Basic earnings per share from continuing operations was MXN 0.34 compared to MXN 0.09 a year ago. Diluted earnings per share from continuing operations was MXN 0.34 compared to MXN 0.09 a year ago.
For the nine months, sales was MXN 3,335.21 million compared to MXN 2,473.94 million a year ago. Net income was MXN 267.24 million compared to MXN 66.45 million a year ago. Basic earnings per share from continuing operations was MXN 0.84 compared to MXN 0.21 a year ago. Diluted earnings per share from continuing operations was MXN 0.84 compared to MXN 0.21 a year ago.