Becle, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 28, 2022 at 03:53 pm EDT
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Becle, S.A.B. de C.V. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was MXN 11,334.29 million compared to MXN 9,530.91 million a year ago. Net income was MXN 1,399.09 million compared to MXN 882.06 million a year ago. Basic earnings per share from continuing operations was MXN 0.39 compared to MXN 0.25 a year ago. Diluted earnings per share from continuing operations was MXN 0.39 compared to MXN 0.25 a year ago.
For the six months, sales was MXN 20,401.85 million compared to MXN 16,698.92 million a year ago. Net income was MXN 2,749.96 million compared to MXN 2,117.1 million a year ago. Basic earnings per share from continuing operations was MXN 0.77 compared to MXN 0.59 a year ago. Diluted earnings per share from continuing operations was MXN 0.77 compared to MXN 0.59 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.