Bolsa Mexicana de Valores, S.A.B. de C.V. Reports Consolidated Earnings Results for the First Quarter of 2020
April 22, 2020 at 07:10 am EDT
Share
Bolsa Mexicana de Valores, S.A.B. de C.V. reported consolidated earnings results for the first quarter of 2020. For the period, the company reported Revenue was MXN 996,030,000 against MXN 845,454,000 a year ago. Operating income was MXN 556,763,000 against MXN 440,184,000 a year ago. Net income was MXN 456,775,000 or MXN 0.77 per share against MXN 328,146,000 or MXN 0.55 per share 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).