Servicios Corporativos Javer, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
February 01, 2023 at 03:22 pm EST
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Servicios Corporativos Javer, S.A.B. de C.V. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was MXN 2,168.18 million compared to MXN 1,903.26 million a year ago. Net income was MXN 40.52 million compared to net loss of MXN 31.04 million a year ago.
For the full year, sales was MXN 8,140.17 million compared to MXN 7,509.52 million a year ago. Net income was MXN 262.04 million compared to MXN 145.89 million a year ago. Basic earnings per share from continuing operations was MXN 0.94 compared to MXN 0.52 a year ago. Diluted earnings per share from continuing operations was MXN 0.94 compared to MXN 0.52 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. 
