Grupo Minsa, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 23, 2021 at 04:30 pm EDT
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Grupo Minsa, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was MXN 1,513.972 million compared to MXN 1,378.001 million a year ago. Operating income was MXN 57.265 million compared to MXN 82.685 million a year ago. Net income was MXN 37.233 million compared to MXN 71.568 million a year ago. For the half year, sales was MXN 2,682.229 million compared to MXN 2,613.600 million a year ago. Operating income was MXN 65.550 million compared to MXN 129.760 million a year ago. Net income was MXN 42.797 million compared to MXN 106.134 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.