Grupo Traxión, S.A.B. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 03:26 pm EDT
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Grupo Traxi?n, S.A.B. De C.V. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was MXN 3,992.987 million compared to MXN 3,183.591 million a year ago. Operating income was MXN 466.966 million compared to MXN 314.290 million a year ago. Net income was MXN 197.247 million compared to MXN 129.672 million a year ago. Basic earnings per share was MXN 0.367 compared to MXN 0.24 a year ago.
Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support services; Warehousing, including dedicated storage, shared warehouses, packing and value-added services, such as labeling and products assembly; Logistics systems, including software for logistics management; Passenger transportation, including transportation of personnel and students; Special services, including rental of bus and vans; Moving, including national and international moving services, and Advertising, including custom transportation services during marketing campaigns. The Company operates through a number of group companies.