Kimberly-Clark De México, S. A. B. De C. V. Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 23, 2020 at 10:47 pm EDT
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Kimberly-Clark de México, S. A. B. De C. V. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was MXN 12,337.259 million compared to MXN 11,285.929 million a year ago. Operating income was MXN 2,820.238 million compared to MXN 2,296.539 million a year ago. Net income was MXN 1,599.401 million compared to MXN 1,307.041 million a year ago. Basic earnings per share was MXN 0.52 compared to MXN 0.42 a year ago. For the half year, sales was MXN 24,029.497 million compared to MXN 22,299.517 million a year ago. Operating income was MXN 5,521.840 million compared to MXN 4,357.052 million a year ago. Net income was MXN 3,127.270 million compared to MXN 2,468.318 million a year ago. Basic earnings per share was MXN 1.01 compared to MXN 0.8 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. 
