Sare Holding SAB de CV announced consolidated earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported incomes MXN 362.7 million against MXN 322.5 million a year ago. Operating loss was MXN 332.5 million against MXN 357.7 million a year ago. Loss before taxes was MXN 391.5 million against MXN 417.4 million a year ago. Net loss was MXN 274.1 million against MXN 292.2 million a year ago. LBITDA was MXN 229.5 million against MXN 313.9 million a year ago.

For the nine months, the company reported incomes MXN 1,087.2 million against MXN 1,530.5 million a year ago. Operating loss was MXN 724.2 million against operating profit of MXN 162.1 million a year ago. Loss before taxes was MXN 881.9 million against income before taxes of MXN 62.7 million a year ago. Net loss was MXN 617.3 million against net income of MXN 43.9 million a year ago. LBITDA was MXN 567.1 million against EBITDA of MXN 567.1 million a year ago. Net debt was MXN 2,289.1 million against MXN 2,731.2 million a year ago.