Servicios Corporativos Javer, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 19, 2020
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Servicios Corporativos Javer, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was MXN 1,634.723 million compared to MXN 1,800.770 million a year ago. Net income was MXN 46.010 million compared to MXN 31.512 million a year ago. Basic earnings per share was MXN 0.17 compared to MXN 0.11 a year ago. For the half year, sales was MXN 3,273.639 million compared to MXN 3,418.096 million a year ago. Net income was MXN 34.080 million compared to MXN 47.730 million a year ago. Basic earnings per share was MXN 0.12 compared to MXN 0.17 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. 
