Betterware de México, S.A.P.I. de C.V. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
February 23, 2023 at 04:45 pm EST
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Betterware de México, S.A.P.I. de C.V. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was MXN 3,229.33 million compared to MXN 2,182.07 million a year ago. Net income was MXN 209.33 million compared to MXN 191.82 million a year ago. Basic earnings per share from continuing operations was MXN 5.62 compared to MXN 5.14 a year ago.
For the full year, sales was MXN 11,499.23 million compared to MXN 10,039.67 million a year ago. Net income was MXN 735.14 million compared to MXN 1,804.59 million a year ago. Basic earnings per share from continuing operations was MXN 19.73 compared to MXN 48.81 a year ago.
Betterware de Mexico, S.A.B. DE C.V.. is a Mexico-based company that sells household appliances through an online portal. The Company operates through a Catalogue that shows the different retail household products that it comprises,including kitchen appliances, garden tools, and everyday accesories among other categories. The Company operates accross all of the Mexican states as Betterware's products reach every city in Mexico due to the strategic position of their production plant.
BETTERWARE DE MÉXICO, S.A.P.I. DE C.V. 
