Corpovael, S.A.B. de C.V. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was MXN 1,143.79 million compared to MXN 640.32 million a year ago. Net income was MXN 72.37 million compared to net loss of MXN 27.73 million a year ago.

Basic earnings per share from continuing operations was MXN 0.23 compared to basic loss per share from continuing operations of MXN 0.08 a year ago. Diluted earnings per share from continuing operations was MXN 0.23 compared to diluted loss per share from continuing operations of MXN 0.08 a year ago.