Grupo Carso, S.A.B. De C.V. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 03:22 pm EDT
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Grupo Carso, S.A.B. De C.V. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was MXN 26,898.565 million compared to MXN 24,016.880 million a year ago. Operating income was MXN 2,064.961 million compared to MXN 2,197.953 million a year ago. Net income was MXN 1,950.630 million compared to MXN 2,113.936 million a year ago.
Grupo Carso, S.A.B. de C.V. is a holding company. The Company holds interests in various companies, which operate in the industrial, retail, infrastructure and construction, and energy sectors. The Company's segments include Retail, Industrial, Infrastructure and Construction, and Carso Energy. The Company's subsidiaries include Grupo Sanborns, S.A.B. de C.V., which operates various retail formats in Mexico; Grupo Condumex, S.A. de C.V., which has a portfolio of products and services focused on meeting the needs of the telecommunications, construction, electricity, energy, automotive and mining industries; Carso Infraestructura y Construccion, S.A. de C.V., which serves the chemical and oil industry, pipeline installations, infrastructure, civil construction and housing developments sectors, and Carso Energy, S.A. de C.V., which holds interests in various companies in the sector of exploration and production of oil, gas and other hydrocarbons, and electricity.
GRUPO CARSO, S.A.B. DE C.V. 
