Grupo Carso S.A.B. de C.V. Announces Consolidated Earnings Results for the Fourth Quarter and Full Year 2020
February 15, 2021 at 07:07 pm EST
Share
Grupo Carso S.A.B. de C.V. announced consolidated earnings results for the fourth quarter and full year 2020. For the quarter, revenues were MXN 31,151.2 million against MXN 29,632.3 million a year ago. Operating income was MXN 3,086.9 million against MXN 3,226.0 million a year ago. Controlling net income was MXN 989.0 million against MXN 1,829.2 million a year ago.
For the year, revenues were MXN 94,684.4 million against MXN 102,477.6 million a year ago. Operating income was MXN 8,916.3 million against MXN 11,453.2 million a year ago. Controlling net income was MXN 5,777.0 million against MXN 7,547.4 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. 
