El Puerto De Liverpool, S.A.B. De C.V. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 05:00 pm EDT
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El Puerto de Liverpool, S.A.B. De C.V. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was MXN 25,586.257 million compared to MXN 26,725.071 million a year ago. Operating income was MXN 1,007.118 million compared to MXN 1,313.477 million a year ago. Net income was MXN 690.172 million compared to MXN 818.819 million a year ago.
El Puerto de Liverpool SAB de CV is a Mexico-based company primarily engaged in the retail sector. The Companyâs activities are structured into two business segments: Commercial and Real Estate. The Commercial division focuses on the retail sales of merchandise in department and duty free stores. Its brand names of store formats includes Liverpool and Fabricas de Francia. The Real Estate division is responsible for the management, operation and lease of commercial space in shopping centers. Through a non-bank credit card, the Company also offers consumer loans and sales financing services. The Company has operations established in various Mexican states. The Company's subsidiaries include Operadora Liverpool SA de CV, Servicios Liverpool SA de CV and Bodegas Liverpool SA de CV, among others.