Servicios Corporativos Javer, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 21, 2021 at 03:27 pm EDT
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Servicios Corporativos Javer, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was MXN 1,779.71 million compared to MXN 1,887.65 million a year ago. Net income was MXN 72.44 million compared to MXN 60.84 million a year ago. Basic earnings per share from continuing operations was MXN 0.26 compared to MXN 0.22 a year ago. Diluted earnings per share from continuing operations was MXN 0.26 compared to MXN 0.22 a year ago.
For the nine months, sales was MXN 5,606.27 million compared to MXN 5,161.28 million a year ago. Net income was MXN 176.93 million compared to MXN 94.92 million a year ago. Basic earnings per share from continuing operations was MXN 0.63 compared to MXN 0.34 a year ago. Diluted earnings per share from continuing operations was MXN 0.63 compared to MXN 0.34 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. 
