Kimberly-Clark de México, S. A. B. de C. V. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 15, 2024 at 11:03 pm EST
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Kimberly-Clark de México, S. A. B. de C. V. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was MXN 13,371.42 million compared to MXN 12,792.04 million a year ago. Net income was MXN 1,930.29 million compared to MXN 1,422.55 million a year ago. Basic earnings per share from continuing operations was MXN 0.63 compared to MXN 0.46 a year ago. Diluted earnings per share from continuing operations was MXN 0.63 compared to MXN 0.46 a year ago.
For the full year, sales was MXN 53,307.17 million compared to MXN 51,055.35 million a year ago. Net income was MXN 7,012.87 million compared to MXN 4,936.31 million a year ago. Basic earnings per share from continuing operations was MXN 2.28 compared to MXN 1.61 a year ago. Diluted earnings per share from continuing operations was MXN 2.28 compared to MXN 1.61 a year ago.
Kimberly-Clark de Mexico SAB de CV is a Mexico-based company is engaged in the manufacture of personal care products. Its activities are divided into three segments: Consumer products, Professional and healthcare, as well as Export. The Consumer products division focuses on the manufacture and distribution of disposable products for daily use, such as diapers, feminine pads, incontinence care products, kitchen towels, napkins and wet wipes; baby and child care products, such as baby wipes, shampoos, lotions and feeding products, and home products, such as antibacterial gels, food wraps and bar soaps. Its brand names portfolio includes Huggies, KleenBebe, Kleenex, Kimlark, Petalo, Cottonelle, Depend, Kotex and Evenflo, among others. The Professional and healthcare division offers personal care products to commercial customers, including managers of hotels, restaurants, offices and hospitals. The Export division is responsible for the international trade, mainly in the United States.
KIMBERLY-CLARK DE MÉXICO, S. A. B. DE C. V. 
