Corporación Interamericana de Entretenimiento, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 19, 2022
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Corporación Interamericana de Entretenimiento, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MXN 338 million compared to MXN 1,158 million a year ago. Net income was MXN 227 million compared to net loss of MXN 248 million a year ago.
For the nine months, sales was MXN 1,082 million compared to MXN 2,847 million a year ago. Net income was MXN 407 million compared to net loss of MXN 517 million a year ago.
Corporacion Interamericana de Entretenimiento SAB de CV (CIE) is a Mexico-based company engaged in the leisure sector. The Companyâs business activities are structured in four divisions: CIE Entretenimiento, which specializes in the organization and sponsorship of concerts and live performances, venue management, ticketing, souvenirs sales and artist management and representation; CIE Las Americas, active in the gaming sector, as well as it manages the Complejo Las Americas, an entertainment complex that comprises a hippodrome, a convention center, a childrenâs theme park and restaurants; CIE Parques de Diversiones, which operates two amusement parks located in Colombia, and CIE Commercial, which offers advertising and marketing services. As of December 31, 2011, the Company owned such subsidiaries as Ocesa Anfiteatro SA de CV, Operadora de Centros de Espectaculos SA de CV, CIE Internacional SA de CV and Publitop SA de CV, among others.
CORPORACIÓN INTERAMERICANA DE ENTRETENIMIENTO, S.A.B. DE C.V. 
