Planigrupo LATAM, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 24, 2023 at 05:22 pm EDT
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Planigrupo LATAM, S.A.B. de C.V. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was MXN 319.1 million compared to MXN 295.83 million a year ago. Net income was MXN 56.86 million compared to MXN 58.58 million a year ago. Basic earnings per share from continuing operations was MXN 0.171707. Diluted earnings per share from continuing operations was MXN 0.171707. Basic earnings per share was MXN 0.171707 compared to MXN 0.176898 a year ago. Diluted earnings per share was MXN 0.171707 compared to MXN 0.176898 a year ago.
For the six months, sales was MXN 635.1 million compared to MXN 590.3 million a year ago. Net income was MXN 190.42 million compared to MXN 291.11 million a year ago. Basic earnings per share from continuing operations was MXN 0.575017. Diluted earnings per share from continuing operations was MXN 0.575017. Basic earnings per share was MXN 0.575017 compared to MXN 0.879092 a year ago. Diluted earnings per share was MXN 0.575017.
Planigrupo Latam SAB de CV, formerly Planigrupo Latam SAPI de CV, is a Mexico-based company primarily engaged in the real estate sector. The Company focuses on providing various services related to retail real estate development and management. The Company offers shopping centers design, construction, development and leasing. In addition, it provides property management to third parties. The Company's properties portfolio is located in numerous regions, in the north, central and south part of Mexico. Its tenants range includes Walmart, Movistar, Chilli's, HSBC, Buger King, Famsa and Domino's Pizza, among others. The Company operates through Diseno PG S de RL de C, Alta Direccion PG S de L de CV, Operaciones Planigrupo SA de CV and Planigrupo Real Estate S de RL de CV, among others.
PLANIGRUPO LATAM, S.A.B. DE C.V. 
