Fibra Mty, S.A.P.I. de C.V. Reports Earnings Results for the Full Year Ended December 31, 2023
February 14, 2024 at 05:04 pm EST
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Fibra Mty, S.A.P.I. de C.V. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was MXN 2,152.23 million compared to MXN 1,501.19 million a year ago. Net loss was MXN 912.47 million compared to net income of MXN 1,508.06 million a year ago.
Basic loss per share from continuing operations was MXN 0.54 compared to basic earnings per share from continuing operations of MXN 1.41 a year ago. Diluted loss per share from continuing operations was MXN 0.54 compared to diluted earnings per share from continuing operations of MXN 1.41 a year ago.
Fibra Mty SAPI de CV is a Mexico-based company engaged in the operation of commercial real estate investment trust (REIT). The Company specializes in acquiring, managing and developing nonresidential properties, primarily located in Monterrey, San Pedro Garza Garcia, Apodaca, and Ciudad Juarez, among others. Its activities are divided into two segments: Office and Industrial. The Office division is responsible for renting real estate used for business purposes. The Industrial segment offers operating space in industrial facilities. Furthermore, it develops commercial areas, such as restaurants, cafes and retail stores. The Company is a parent of Administrador Fibra Mty SC, which manages the REIT.
FIBRA MTY, S.A.P.I. DE C.V. 
