Organización Soriana, S. A. B. de C. V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 27, 2021 at 01:10 am EDT
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Organización Soriana, 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 39,133 million compared to MXN 39,637 million a year ago. Operating income was MXN 2,096 million compared to MXN 2,054 million a year ago. Net income was MXN 867 million compared to MXN 820 million a year ago. For the half year, sales was MXN 73,882 million compared to MXN 78,392 million a year ago. Operating income was MXN 4,131 million compared to MXN 4,261 million a year ago. Net income was MXN 1,824 million compared to MXN 1,511 million a year ago.
Organizacion Soriana SAB de CV is a Mexico-based company primarily engaged in the food retail sector. The Company focuses on the development and management of a network of supermarkets, grocery and discount stores. It retails food, apparel, automotive accessories, sport goods, hardware, garden tools, toys, personal care products and electronic devices, among others. It operates stores under various brand names, such as Soriana Hiper and Mega hypermarkets, Soriana Super and Comercial Mexicana supermarkets, Soriana Express and Super City grocery stores, Soriana Mercado and Bodega discount supermarkets, as well as City Club membership clubs. Furthermore, it offers online shopping and delivery services through Soriana e-commerce platform. The Company operates through a range of subsidiaries, such as Centros Comerciales Soriana SA de CV and Tiendas de Descuento Monterrey SA de CV.
ORGANIZACIÓN SORIANA, S. A. B. DE C. V. 
