Servicios Corporativos Javer, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 18, 2023 at 03:01 pm EDT
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Servicios Corporativos Javer, S.A.B. de C.V. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was MXN 2,303.54 million compared to MXN 1,944.76 million a year ago. Net income was MXN 137.05 million compared to MXN 103.84 million a year ago. Basic earnings per share from continuing operations was MXN 0.49 compared to MXN 0.37 a year ago. Diluted earnings per share from continuing operations was MXN 0.49 compared to MXN 0.37 a year ago.
For the six months, sales was MXN 4,360.34 million compared to MXN 3,799.82 million a year ago. Net income was MXN 196.73 million compared to MXN 123.94 million a year ago. Basic earnings per share from continuing operations was MXN 0.7 compared to MXN 0.44 a year ago. Diluted earnings per share from continuing operations was MXN 0.7 compared to MXN 0.44 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. 
