Betterware de México, S.A.P.I. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 26, 2023 at 04:15 pm EDT
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Betterware de México, S.A.P.I. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MXN 3,123.51 million compared to MXN 3,171.29 million a year ago. Net income was MXN 196.99 million compared to MXN 51.95 million a year ago. Basic earnings per share from continuing operations was MXN 5.28 compared to MXN 1.39 a year ago.
For the nine months, sales was MXN 9,607.82 million compared to MXN 8,275.09 million a year ago. Net income was MXN 643.36 million compared to MXN 622.61 million a year ago. Basic earnings per share from continuing operations was MXN 17.24 compared to MXN 16.68 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. 
