Crédito Real, S.A.B. De C.V., Sociedad Financiera De Objeto Múltiple, Entidad No Regulada Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 06:43 pm EDT
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Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced operating income was MXN 235.4 million compared to MXN 204.5 million a year ago. Net income was MXN 193.2 million compared to MXN 131.4 million a year ago. For the half year, operating income was MXN 302.5 million compared to MXN 670.4 million a year ago. Net income was MXN 282.6 million compared to MXN 436.8 million a year ago.
Credito Real SAB de CV SOFOM ENR, formerly known as Credito Real SAB de CV Sofom ER, is a Mexico-based company that provides consumer financing. The Company provides loans, either by providing direct financing to consumers or by establishing financing programs with consumer financing dealers that sell to Credito Real the collection rights from consumer financing products. Additionally, It provides financing directly to individuals that are employed by corporations with payroll deduction agreements with consumer financing dealers authorized by Credito Real. It operates through a number of subsidiaries, including AFS Acceptance LLC.
Crédito Real, S.A.B. De C.V., Sociedad Financiera De Objeto Múltiple, Entidad No Regulada Reports Earnings Results for the Second Quarter Ended June 30, 2021
CRÉDITO REAL, S.A.B. DE C.V., SOCIEDAD FINANCIERA DE OBJETO MÚLTIPLE, ENTIDAD NO REGULADA 
