Unifin Financiera, S. A. B. De C. V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 22, 2021 at 03:52 pm EDT
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Unifin Financiera, S. A. B. De C. V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was MXN 2,914.747 million compared to MXN 2,803.807 million a year ago. Operating income was MXN 347.150 million compared to MXN 8.255 million a year ago. Net income was MXN 336.309 million compared to MXN 261.000 million a year ago. For the half year, sales was MXN 5,737.246 million compared to MXN 5,730.222 million a year ago. Operating income was MXN 577.177 million compared to MXN 578.537 million a year ago. Net income was MXN 643.476 million compared to MXN 673.706 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.