Grupo Minsa, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 26, 2021 at 06:34 pm EST
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Grupo Minsa, S.A.B. De C.V. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was MXN 1,293.622 million compared to MXN 1,308.434 million a year ago. Operating income was MXN 45.526 million compared to MXN 23.233 million a year ago. Net loss was MXN 22.754 million compared to net income of MXN 51.952 million a year ago. For the full year, sales was MXN 5,158.381 million compared to MXN 4,833.988 million a year ago. Operating income was MXN 230.321 million compared to MXN 101.394 million a year ago. Net income was MXN 119.644 million compared to MXN 91.212 million a year ago.
Grupo Minsa SAB de CV is a Mexico-based company, which is principally engaged in the production and sale of corn flour and other related products under the MINSA brand name. The Company owns and operates corn flour plants located in Mexico and the United States. Grupo Minsa SAB de CVâs product portfolio includes all types of corn flour, such as blue, yellow, white and high fiber flour. The Company owns such subsidiaries as: Administracion de Recursos Promin SA de CV, Agroinsumos Campo Fino SA de CV SOFOM ERN, Campo Fino SA de CV, Delisource Alimentos SA de CV, Minoprosa SA de CV, Minsa SA de CV, Ominoprosa SA de CV, Osamin SA de CV, Seradim SA de CV, Servicio Integral de Recursos Lodso SA de CV and Servicios Corporativos Minsa SA de CV.
GRUPO MINSA, S.A.B. DE C.V. 
