Dine, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 20, 2021 at 10:53 am EDT
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DINE, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was MXN 387.396 million compared to MXN 100.214 million a year ago. Operating income was MXN 141.339 million compared to operating loss of MXN 42.679 million a year ago. Net income was MXN 120.191 million compared to net loss of MXN 111.036 million a year ago. For the half year, sales was MXN 638.534 million compared to MXN 218.421 million a year ago. Operating income was MXN 168.156 million compared to operating loss of MXN 89.016 million a year ago. Net income was MXN 103.062 million compared to net loss of MXN 133.980 million a year ago.
Dine SAB de CV is a Mexico-based company principally engaged in the real estate sector. The Company focuses on the construction and promotion of residential and touristic properties, as well as development of large-scale corporate and commercial spaces. Its project portfolio includes the Punta Mita and Punta Ixtapa resorts, the Bosques de Santa Fe, Bosques de las Lomas and Torres del Parque residential real estate, the Arcos Bosques Corporativo offices complex, as well as the Santa Fe shopping center, among others. The Company operates through a range of subsidiaries, such as Cantiles de Mita SA de CV, Servicios Administrativos Punta Mita SA de CV, Operadora de Nayarit SA de CV, Servicios Administrativos Dine SA de CV and Turistica Akko SA de CV.
DINE, S.A.B. DE C.V. 
