Becle, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 01:12 am EDT
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Becle, 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 9,531 million compared to MXN 8,689 million a year ago. Operating income was MXN 1,431 million compared to MXN 2,175 million a year ago. Net income was MXN 883 million compared to MXN 1,450 million a year ago. Basic earnings per share from continuing operations was MXN 0.25 compared to MXN 0.4 a year ago. Diluted earnings per share from continuing operations was MXN 0.33 compared to MXN 0.4 a year ago. For the half year, sales was MXN 16,699 million compared to MXN 13,894 million a year ago. Operating income was MXN 3,114 million compared to MXN 2,689 million a year ago. Net income was MXN 2,117 million compared to MXN 2,147 million a year ago. Basic earnings per share from continuing operations was MXN 0.59 compared to MXN 0.6 a year ago. Diluted earnings per share from continuing operations was MXN 0.67 compared to MXN 0.6 a year ago.
Becle SAB de CV is a Mexico-based company engaged in the beverages industry. The Company focuses on the production, bottling, trade and distribution of alcoholic and non-alcoholic beverages. Its offer includes various types of tequila distributed under own Jose Cuervo brand name, non-alcoholic drinks, ready-to-drink beverages, as well as other distilled alcohols distributed under third-party brand names, including Three Olives, Hangar 1, Stranahan's, Bushmills and Boodles. Its distribution chain comprises operations in the United States, Mexico and other countries. In addition, the Company is involved in the farming and processing of blue agave. The Company owns a number of subsidiaries, such as Tequila Cuervo la Rojena SA de CV, Casa Cuervo SA de CV and Azul Agricultra y Servicios SA de CV.
BECLE, S.A.B. DE C.V. 
