Kimberly-Clark De México, S. A. B. De C. V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 22, 2021 at 09:31 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, 2021. For the second quarter, the company announced sales was MXN 11,722.218 million compared to MXN 12,337.259 million a year ago. Operating income was MXN 2,232.554 million compared to MXN 2,820.238 million a year ago. Net income was MXN 1,222.223 million compared to MXN 1,599.401 million a year ago. For the half year, sales was MXN 23,831.197 million compared to MXN 24,029.497 million a year ago. Operating income was MXN 4,974.007 million compared to MXN 5,521.840 million a year ago. Net income was MXN 2,824.421 million compared to MXN 3,127.270 million 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.