Médica Sur, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 16, 2021 at 06:05 pm EDT
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Médica Sur, 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 1,389.678 million compared to MXN 837.943 million a year ago. Operating income was MXN 299.555 million compared to MXN 89.822 million a year ago. Net income was MXN 191.334 million compared to MXN 44.035 million a year ago. For the half year, sales was MXN 2,817.222 million compared to MXN 1,764.848 million a year ago. Operating income was MXN 697.816 million compared to MXN 198.868 million a year ago. Net income was MXN 458.288 million compared to MXN 93.704 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.