Grupo Comercial Chedraui, S.A.B. De C.V. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 2018
February 24, 2019
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Grupo Comercial Chedraui, S.A.B. de C.V. reported consolidated earnings results for the fourth quarter and full year ended December 2018. For the quarter, net sales were MXN 34,534 million against MXN 26,113 million reported a year ago. Operating Income was MXN 1,094 million against MXN 1,183 million reported a year ago. Net Income was MXN 401 million against MXN 543 million reported a year ago.
For the full year, net sales were MXN 116,030,879,000 against MXN 94,582,515,000 reported a year ago. Operating Income was MXN 4,546,895,000 against MXN 4,418,276,000 reported a year ago. Net Income was MXN 2,050,434,000 against MXN 2,117,355,000 reported a year ago.
Grupo Comercial Chedraui SAB de CV is a Mexico-based company primarily engaged in the retail and real estate sectors. The Companyâs activities are structured into three business areas: Self Service Mexico, which includes a network of over 140 Chedraui and 39 Super Chedraui supermarkets located in over 20 Mexican states; Self Service Unites States, which comprises the operation of 36 El Super convenience stores established mainly in the southern-east region of the United States, and Real Estate, which specializes in the acquisition, management, development and promotion of residential and non-residential properties, as well as in the construction and redecorating of the Companyâs stores and facilities.
GRUPO COMERCIAL CHEDRAUI, S.A.B. DE C.V. 
