Grupo Carso, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 29, 2024 at 06:34 pm EST
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Grupo Carso, S.A.B. de C.V. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was MXN 55,433.73 million compared to MXN 55,314.87 million a year ago. Net income was MXN 3,494.75 million compared to MXN 9,172.04 million a year ago. Basic earnings per share from continuing operations was MXN 1.55 compared to MXN 4.08 a year ago. Diluted earnings per share from continuing operations was MXN 1.55 compared to MXN 4.08 a year ago.
For the full year, sales was MXN 198,460.75 million compared to MXN 181,538.68 million a year ago. Net income was MXN 13,635.71 million compared to MXN 19,061.9 million a year ago. Basic earnings per share from continuing operations was MXN 6.05 compared to MXN 8.47 a year ago. Diluted earnings per share from continuing operations was MXN 6.05 compared to MXN 8.47 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. 
