Médica Sur, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 22, 2021 at 01:22 pm EST
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Médica Sur, S.A.B. de C.V. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was MXN 1,467.493 million compared to MXN 918.690 million a year ago. Operating income was MXN 435.242 million compared to MXN 70.907 million a year ago. Net income was MXN 283.584 million compared to MXN 38.417 million a year ago. For the full year, sales was MXN 4,466.186 million compared to MXN 3,698.068 million a year ago. Operating income was MXN 931.568 million compared to MXN 363.685 million a year ago. Net income was MXN 558.828 million compared to MXN 140.552 million a year ago.
Medica Sur SAB de CV is a Mexico-based company primarily engaged in the healthcare sector. The Company manages hospitals, emergency and diagnostic centers, medical laboratories, organ and blood banks, as well as an accommodation place. It provides medical services within various specializations, such as anatomic pathology, cardiology, gynecology and obstetrics, neonatology, neurophysiology, odontology, oncology, ophthalmology, orthopedics, otolaryngology, pediatrics, radiology and imaging, as well as radiosurgery. In addition, the Company offers medical tourism services and distributes drugs. It forms a part of Mayo Clinic Care Network. The Company operates through a range of subsidiaries, such as Corporacion de Atencion Medica SA de CV, El Portal Medico SA de CV, Servicios de Administracion Hospitalaria SA de CV and Telemed SA de CV. The Company is owned by Neuco SA de CV.
MÉDICA SUR, S.A.B. DE C.V. 
