Alfa, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 19, 2021
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Alfa, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was MXN 79,551.83 million compared to MXN 67,574.94 million a year ago. Net income was MXN 2,490.77 million compared to MXN 3,766.39 million a year ago. Basic earnings per share from continuing operations was MXN 0.51 compared to MXN 0.45 a year ago. Diluted earnings per share from continuing operations was MXN 0.51 compared to MXN 0.45 a year ago. Basic earnings per share was MXN 0.51 compared to MXN 0.77 a year ago. Diluted earnings per share was MXN 0.51 compared to MXN 0.77 a year ago.
For the nine months, sales was MXN 223,270.83 million compared to MXN 197,537.6 million a year ago. Net income was MXN 7,609.77 million compared to MXN 5,152.17 million a year ago. Basic earnings per share from continuing operations was MXN 1.55 compared to MXN 1.17 a year ago. Diluted earnings per share from continuing operations was MXN 1.55 compared to MXN 1.17 a year ago. Basic earnings per share was MXN 1.55 compared to MXN 1.04 a year ago. Diluted earnings per share was MXN 1.55 compared to MXN 1.04 a year ago.
Alfa SAB de CV is a Mexico-based holding company, which manages a portfolio of diversified subsidiaries. Its portfolio includes Sigma, a producer, marketer and distributor of foods under a number of brands in Mexico, the United States, Europe and Latin America; Alpek, a producer of polyester, namely purified terephthalic acid (PTA), polyethylene terephthalate (PET) and fibers, and offers to the Mexican market expandable polystyrene (EPS) and caprolactam, among others; Nemak, a provider of lightweighting solutions for automotive industry and specialized in the development and manufacturing of aluminum components for powertrain and body structure; Axtel, a provider of information technology and communication services for enterprises, government and residential markets through its Alestra and Axtel brands, and Newpek, which is an oil and gas exploration and production company with operations in Mexico and the United States.
ALFA S.A.B. DE C.V. 
