RLH Properties, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 28, 2022 at 03:39 pm EDT
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RLH Properties, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MXN 1,235.88 million compared to MXN 850.08 million a year ago. Revenue was MXN 1,649.12 million compared to MXN 1,184.12 million a year ago. Net loss was MXN 129.64 million compared to MXN 77.65 million a year ago. Diluted loss per share from continuing operations was MXN 0.12 compared to MXN 0.085 a year ago.
For the nine months, sales was MXN 4,847.81 million compared to MXN 2,543.86 million a year ago. Revenue was MXN 6,335.19 million compared to MXN 3,460.56 million a year ago. Net income was MXN 77.14 million compared to net loss of MXN 112.63 million a year ago. Basic earnings per share from continuing operations was MXN 0.069 compared to basic loss per share from continuing operations of MXN 0.12 a year ago. Diluted earnings per share from continuing operations was MXN 0.069 compared to diluted loss per share from continuing operations of MXN 0.12 a year ago.
RLH Properties SAPIB de CV is a Mexico-based company engaged in the real estate sector. The Company focuses on the acquisition and development of hotels, located in the city centers and touristic destinations, in Mexico and the Caribbean region. The Companyâs hotels portfolio includes Four Seasons and One&Only brand names. Its hotels network offers accommodation, as well as operates hospitality-related infrastructure, such as restaurant, fitness and gym, spa center and conference room. The Company is a subsidiary of Activos Turisticos de Mexico SAPI de CV.
RLH PROPERTIES, S.A.B. DE C.V. 
