Procorp, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 28, 2022 at 10:42 am EDT
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Procorp, S.A.B. de C.V. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was MXN 80.02 million compared to MXN 68.21 million a year ago. Net income was MXN 4.08 million compared to net loss of MXN 4.71 million a year ago. Basic loss per share from continuing operations was MXN 0.09 compared to Basic earnings per share from continuing operations of MXN 0.14 a year ago. Diluted earnings per share from continuing operations was MXN 0.01 compared to MXN 0.01 a year ago. Basic loss per share was MXN 0.09 compared to Basic earnings per share of MXN 0.14 a year ago. Diluted earnings per share was MXN 0.01 compared to MXN 0.01 a year ago.
For the six months, sales was MXN 175.49 million compared to MXN 149.05 million a year ago. Net income was MXN 13.27 million compared to MXN 3.12 million a year ago. Basic earnings per share from continuing operations was MXN 0.05 compared to MXN 0.32 a year ago. Diluted earnings per share from continuing operations was MXN 0.01 compared to MXN 0.01 a year ago. Basic earnings per share was MXN 0.05 compared to MXN 0.32 a year ago. Diluted earnings per share was MXN 0.01 compared to MXN 0.01 a year ago.
Procorp SAB de CV, formerly Procorp SA de CV Sociedad de Inversion de Capital de Riesgo, is a Mexico-based investment company. The Companyâs main activities comprise the holding in the capital of small and medium enterprises (SMEs) and the provision of financial and advisory support in their growth projects. The Company operates through a number of entities, such as Procorp.com SA de CV, Inmobiliaria Exacom SA de CV and Operadora Educativa Exacom SA de CV, as well as Estudios Superiores Procorp SAPI de CV.