Bolsa Mexicana De Valores Sab De Cv Reports Earnings Results for the First Quarter Ended March 31, 2019
April 23, 2019 at 03:08 pm EDT
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Bolsa Mexicana de Valores SAB de CV announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced total revenue was MXN 845.454 million compared to MXN 842.265 million a year ago. Operating income was MXN 440.184 million compared to MXN 446.234 million a year ago. Net income was MXN 328.146 million compared to MXN 317.902 million a year ago. Basic earnings per share was MXN 0.55 compared to MXN 0.54 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).