Fibra UNO Reports Earnings Results for the First Quarter Ended March 31, 2022
May 02, 2022 at 03:05 pm EDT
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Fibra UNO reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was MXN 5,849.37 million compared to MXN 5,369.49 million a year ago. Net income was MXN 4,235.17 million compared to net loss of MXN 416.51 million a year ago. Basic earnings per share from continuing operations was MXN 1.0543 compared to basic loss per share from continuing operations of MXN 0.012 a year ago. Diluted earnings per share from continuing operations was MXN 0.7812.
Fibra Uno Administracion SA de CV (Fibra Uno) is a Mexico-based company engaged in the operation of commercial real estate investment trust (REIT). The Company focuses on operating and developing a range of real estate assets for leasing, mainly in the industrial, retail and office segments. It aims at acquisition, development, rental and management of various types of commercial real estate projects in Mexico, including industrial, retail, office and mixed-use projects. The Company's portfolio comprises over 510 properties. Its business model includes portfolio management, maintaining relationships with tenants, sourcing of off-market acquisition opportunities, integration of acquisitions into portfolio, development and construction activity and growth of services businesses.
FIBRA UNO 
