Bio-PAPPEL SAB de CV Announces Unaudited Consolidated Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2014
For the six months, the company reported net sales of MXN 6,265,157,000 compared to MXN 5,876,831,000 for the same period a year ago. Operating income was MXN 822,743,000 compared to MXN 746,680,000 for the same period a year ago. Income before income taxes was MXN 518,343,000 compared to MXN 566,513,000 for the same period a year ago. Consolidated net income was MXN 284,831,000 compared to MXN 577,755,000 for the same period a year ago. Consolidated net income attributable to controlling interest was MXN 284,852,000 compared to MXN 577,349,000 for the same period a year ago. EBITDA was MXN 1,021,605,000 compared to MXN 940,540,000 for the same period a year ago. Resources generated from operating activities were MXN 481,584,000 and acquisition of property, machinery and equipment was MXN 352,643,000.
For the quarter, the company reported total shipments were 346,900 short tons compared to 343,800 short tons for the same period a year ago.
For the six months, the company reported total shipments were 682,800 short tons compared to 677,400 short tons for the same period a year ago.