Corpovael, 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 839.17 million compared to MXN 793.58 million a year ago. Net income was MXN 30.03 million compared to MXN 70.34 million a year ago. Basic earnings per share from continuing operations was MXN 0.1 compared to MXN 0.21 a year ago. Diluted earnings per share from continuing operations was MXN 0.1 compared to MXN 0.21 a year ago.
For the nine months, sales was MXN 2,473.94 million compared to MXN 2,359.24 million a year ago. Net income was MXN 66.45 million compared to MXN 160.52 million a year ago. Basic earnings per share from continuing operations was MXN 0.21 compared to MXN 0.47 a year ago. Diluted earnings per share from continuing operations was MXN 0.21 compared to MXN 0.47 a year ago.