Unifin Financiera, S. A. B. De C. V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 18, 2021 at 05:46 pm EST
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Unifin Financiera, S. A. B. De C. V. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was MXN 2,759.043 million compared to MXN 2,900.600 million a year ago. Operating income was MXN 193.911 million compared to MXN 438.459 million a year ago. Net income was MXN 305.603 million compared to MXN 551.178 million a year ago. For the full year, sales was MXN 11,093.570 million compared to MXN 10,762.212 million a year ago. Operating income was MXN 848.262 million compared to MXN 1,842.375 million a year ago. Net income was MXN 1,364.019 million compared to MXN 1,949.021 million a year ago.
Unifin Financiera SAB de CV SOFOM ENR is a Mexico-based company engaged in the financial industry. The Company operates though three business segments. The Operating Lease segment is responsible for operating leases for construction and industrial equipment, machinery, various types of transportations vehicles, including cars, trucks, helicopters, airplanes and other vessels, and other capital assets. The Financial Factoring segment provides liquidity and financing solutions to its customers by purchasing or discounting their accounts receivable and by providing vendor financing. The Auto Loans and Other Loans segment is focused on financing the acquisition of new and used vehicles. The Company provides its services to small and medium sized companies, as well as individuals.
UNIFIN FINANCIERA, S. A. B. DE C. V. 
