Jb Y Compania, S.A. De C.V. Reports Earnings Results for the Third Quarter Ended September 30, 2019
October 24, 2019 at 07:40 am EDT
Share
JB Y Compania, S.A. De C.V. Announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was MXN 7,024 million compared to MXN 6,407 million a year ago. Operating income was MXN 1,138 million compared to MXN 863 million a year ago. Net income was MXN 729 million compared to MXN 382 million a year ago. Basic earnings per share was MXN 0.2 compared to MXN 0.11 a year ago. For the nine months, sales was MXN 19,270 million compared to MXN 17,890 million a year ago. Operating income was MXN 3,372 million compared to MXN 3,481 million a year ago. Net income was MXN 2,291 million compared to MXN 1,963 million a year ago. Basic earnings per share was MXN 0.64 compared to MXN 0.55 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. 
