Planigrupo LATAM, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 23, 2023 at 04:53 pm EDT
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Planigrupo LATAM, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MXN 321.41 million compared to MXN 306.5 million a year ago. Net income was MXN 149.52 million compared to MXN 40.9 million a year ago. Basic earnings per share from continuing operations was MXN 0.45. Diluted earnings per share from continuing operations was MXN 0.45. Basic earnings per share was MXN 0.45. Diluted earnings per share was MXN 0.45.
For the nine months, sales was MXN 956.5 million compared to MXN 896.8 million a year ago. Net income was MXN 339.94 million compared to MXN 332.01 million a year ago. Basic earnings per share from continuing operations was MXN 1.03. Diluted earnings per share from continuing operations was MXN 1.03. Basic earnings per share was MXN 1.03. Diluted earnings per share was MXN 1.03.
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. 
