Grupo Pochteca, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 05:52 pm EDT
Share
Grupo Pochteca, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was MXN 2,224.199 million compared to MXN 1,336.427 million a year ago. Operating income was MXN 117.080 million compared to MXN 77.646 million a year ago. Net income was MXN 55.688 million compared to MXN 51.064 million a year ago. For the half year, sales was MXN 4,156.798 million compared to MXN 2,857.008 million a year ago. Operating income was MXN 211.834 million compared to MXN 165.327 million a year ago. Net income was MXN 60.847 million compared to net loss of MXN 15.599 million a year ago.
Grupo Pochteca SAB de CV is a Mexico-based holding company. The Companyâs main business activities are structured into five divisions: Food, which includes the production, distribution and sale of ingredients and additives for the food industry; Chemical and Plastic Products, with a variety of generic chemicals, inorganic chemicals, specialty chemicals, plastic resins, special compounds and polymers used in the industrial and engineering sectors; Solvents and Coating, which provides specialty chemicals for the production of coatings and paints used in other industries; Lubricants, which distributes Shell lubricant brands, and Paper Products, which specializes in the production and distribution of a range of paper products, stationary and articles used in the graphic arts. On February 1, 2013, the Company formalized the acquisition of a 100% stake in Productos Quimicos Mardupol SA de CV and its affiliated companies.