Servicios Corporativos Javer, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
February 06, 2019
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Servicios Corporativos Javer, S.A.B. De C.V. Announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced sales was MXN 2,032.481 million compared to MXN 2,327.531 million a year ago. Net income was MXN 17.554 million compared to MXN 143.837 million a year ago. Basic earnings per share was MXN 0.06 compared to MXN 0.52 a year ago. For the full year, sales was MXN 8,321.080 million compared to MXN 7,562.985 million a year ago. Net income was MXN 230.602 million compared to MXN 441.602 million a year ago. Basic earnings per share was MXN 0.83 compared to MXN 1.59 a year ago.
Servicios Corporativos Javer SAB de CV is a Mexico-based company primarily engaged in the homebuilding sectors. The Company specializes in the design, construction, promotion and sale of housing developments, which are mainly located in the northeastern region of Mexico. The Company's products portfolio comprises single-family and multifamily real estate properties that are structured in three divisions: Affordable Entry-Level, Middle-Income and Residential. The Company also owns land in the states of Nuevo Leon, Jalisco, Aguascalientes, Tamaulipas, Queretaro and Estado de Mexico, Mexico. Moreover, the Company is active in the promotion, development and sale of commercial land plots.
SERVICIOS CORPORATIVOS JAVER, S.A.B. DE C.V. 
