Quálitas Controladora, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 20, 2021 at 01:17 am EDT
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Quálitas Controladora, S.A.B. de C.V. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced operating income was MXN 752.040 million compared to MXN 2,565.072 million a year ago. Net income was MXN 974.742 million compared to MXN 2,235.823 million a year ago. For the half year, operating income was MXN 1,627.576 million compared to MXN 4,382.279 million a year ago. Net income was MXN 2,047.797 million compared to MXN 3,675.226 million a year ago.
Qualitas Controladora SAB de CV is a Mexico-based holding company engaged in the insurance sector. The Company focuses on providing automobile insurance products. It offers insurance policies to car fleet owners, financial institutions and individual customers through four segments: Written premiums, Ceded premium, Unearned premiums reserve and Earned retained premiums. The Company is present in Mexico, the United States, El Salvador and Costa Rica. The Company operates through a number of subsidiaries, including Qualitas Compania de Seguros SAB de CV, Qualitas Financial Services Inc, Easy Car Glass SA de CV, Activos JAL and CristaFacil SA de CV, among others.
QUÁLITAS CONTROLADORA, S.A.B. DE C.V. 
