Grupo Mexicano de Desarrollo, S.A.B. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MXN 1,347.17 million compared to MXN 1,223.07 million a year ago. Net income was MXN 131.61 million compared to MXN 195.48 million a year ago. Basic earnings per share was MXN 0.721 compared to MXN 1.071 a year ago. Diluted earnings per share was MXN 0.721 compared to MXN 1.071 a year ago.
For the nine months, sales was MXN 3,867.38 million compared to MXN 3,436.12 million a year ago. Net income was MXN 416.35 million compared to MXN 447.44 million a year ago. Basic earnings per share was MXN 2.282 compared to MXN 2.452 a year ago. Diluted earnings per share was MXN 2.282 compared to MXN 2.452 a year ago.