Consorcio Aristos, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 24, 2021 at 04:11 am EST
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Consorcio Aristos, 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 834.664 million compared to MXN 1,260.645 million a year ago. Operating income was MXN 46.158 million compared to MXN 75.491 million a year ago. Net loss was MXN 3.469 million compared to net income of MXN 29.042 million a year ago. For the full year, sales was MXN 2,072.854 million compared to MXN 1,841.765 million a year ago. Operating income was MXN 196.711 million compared to MXN 230.690 million a year ago. Net income was MXN 59.139 million compared to MXN 56.591 million a year ago.
Consorcio Aristos SAB de CV is a Mexico-based holding company primarily engaged in the real estate sector. The Companyâs main activities include the development, leasing and sale of residential, commercial and industrial properties, such as hotels and restaurants. In addition, the Company is involved in the provision of consultancy services intended for the development of architectural projects, as well as in the manufacturing and installation of steel products. As of December 31, 2011, the Company owned such subsidiaries as Inmobiliaria Abandanes SA de CV, Pet de Frontera SA de CV, Torres, Estructuras y Postes de Puebla SA de CV (TEPSA), Alfa Proveedores y Contratistas SA de CV, Hotel Aristos Zacatecas SA de CV and Inmobiliaria Abandanes SA de CV.
CONSORCIO ARISTOS, S.A.B. DE C.V. 
