El Puerto de Liverpool, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 24, 2023 at 07:48 pm EDT
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El Puerto de Liverpool, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MXN 41,701.75 million compared to MXN 38,053.96 million a year ago. Net income was MXN 3,966.83 million compared to MXN 3,078.83 million a year ago. Basic earnings per share from continuing operations was MXN 2.96 compared to MXN 2.29 a year ago. Diluted earnings per share from continuing operations was MXN 2.96 compared to MXN 2.29 a year ago.
For the nine months, sales was MXN 126,858.39 million compared to MXN 112,860.9 million a year ago. Net income was MXN 10,811.64 million compared to MXN 9,784.21 million a year ago. Basic earnings per share from continuing operations was MXN 8.06 compared to MXN 7.29 a year ago. Diluted earnings per share from continuing operations was MXN 8.06 compared to MXN 7.29 a year ago.
El Puerto de Liverpool SAB de CV is a Mexico-based company primarily engaged in the retail sector. The Companyâs activities are structured into two business segments: Commercial and Real Estate. The Commercial division focuses on the retail sales of merchandise in department and duty free stores. Its brand names of store formats includes Liverpool and Fabricas de Francia. The Real Estate division is responsible for the management, operation and lease of commercial space in shopping centers. Through a non-bank credit card, the Company also offers consumer loans and sales financing services. The Company has operations established in various Mexican states. The Company's subsidiaries include Operadora Liverpool SA de CV, Servicios Liverpool SA de CV and Bodegas Liverpool SA de CV, among others.
EL PUERTO DE LIVERPOOL, S.A.B. DE C.V. 
