Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada Reports Consolidated Earnings Results for the Second Quarter and Year to Date of 2019
August 20, 2019
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Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada reported consolidated earnings results for the second quarter and year to date of 2019. For the quarter, interest income was MXN 2,859.6 million compared to MXN 2,593.9 million a year ago. Operating result was MXN 702.5 million compared to MXN 592.0 million a year ago. Net income was MXN 492.3 million compared to MXN 459.2 million a year ago.
For the year to date, interest income was MXN 5,690.0 million compared to MXN 4,903.7 million a year ago. Operating result was MXN 1,613.4 million compared to MXN 1,145.1 million a year ago. Net income was MXN 1,116.9 million compared to MXN 881.8 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 Consolidated Earnings Results for the Second Quarter and Year to Date of 2019
CRÉDITO REAL, S.A.B. DE C.V., SOCIEDAD FINANCIERA DE OBJETO MÚLTIPLE, ENTIDAD NO REGULADA 
