CMR, S.A.B. de C.V. Reports Earnings Results for the Full Year Ended December 31, 2021
February 28, 2022 at 01:12 am EST
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CMR, S.A.B. de C.V. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was MXN 2,667.57 million compared to MXN 1,998.1 million a year ago. Net loss was MXN 171.46 million compared to MXN 919.5 million a year ago. Basic loss per share from continuing operations was MXN 0.3 compared to MXN 1.7 a year ago.
CMR SAB de CV is a Mexico-based company primarily engaged in the management of restaurants. The Company's activities are divided into two business segments: Restaurants and Rental. The Restaurants division is responsible for the operation of fast food and Mexican restaurants under a range of brand names, such as Wings, La Calle, Fonda Mexicana, Chili's, Olive Garden, La Destileria, El Lago, Red Lobster, The Capital Grille, LongHorn Steakhouse and Bistro Chapultepec. The Rental segment includes leasing of commercial real estate. The Company operates in Mexico through Centro Restaurantero Mexicano SA de CV, Gastronomia Especializada SA de CV, Operadora Wings SA de CV and Conturmex SA de CV, among others.
CMR, S.A.B. DE C.V. 
