Bolsa Mexicana De Valores, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 14, 2020 at 03:05 pm EDT
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Bolsa Mexicana de Valores, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was MXN 1,001.618 million compared to MXN 883.822 million a year ago. Operating income was MXN 565.468 million compared to MXN 460.908 million a year ago. Net income was MXN 364.959 million compared to MXN 331.139 million a year ago. Basic earnings per share was MXN 0.62 compared to MXN 0.56 a year ago. For the half year, total revenue was MXN 1,997.648 million compared to MXN 1,729.285 million a year ago. Operating income was MXN 1,122.231 million compared to MXN 901.102 million a year ago. Net income was MXN 821.734 million compared to MXN 659.294 million a year ago. Basic earnings per share was MXN 1.39 compared to MXN 1.11 a year ago.
Bolsa Mexicana De Valores SAB de CV (BMV) is a Mexico-based company engaged in the financial market operations. The Company's activities are divided into six business segments: Stock Exchange, operating the Mexican stock exchange; Derivatives, listing and trading future and option contracts; Brokerage, providing brokerage services for securities enrolled in the National Securities Registry; Settlements, offering clearing and settlement services for financial and commodities derivatives and securities transactions; Custody, providing custody services related to securities clearing and settlement, and Others, including news and information technology (IT) services, among others. The Company operates through a number of subsidiaries, such as Contraparte Central de Valores de Mexico SA de CV (CCV), Mercado Mexicano de Derivados SA de CV (MexDer), SIF ICAP SA de CV (SIF ICAP) and Valuacion Operativa y Referencias de Mercado SA de CV (Valmer).