El Puerto de Liverpool, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 26, 2022 at 04:12 pm EDT
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El Puerto de Liverpool, S.A.B. de C.V. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was MXN 42,560.25 million compared to MXN 37,537.84 million a year ago. Net income was MXN 4,473.78 million compared to MXN 3,020.21 million a year ago. Basic earnings per share from continuing operations was MXN 3.34 compared to MXN 2.24 a year ago. Diluted earnings per share from continuing operations was MXN 3.34 compared to MXN 2.24 a year ago.
For the six months, sales was MXN 74,806.94 million compared to MXN 63,124.1 million a year ago. Net income was MXN 6,705.38 million compared to MXN 3,710.38 million a year ago. Basic earnings per share from continuing operations was MXN 5 compared to MXN 2.76 a year ago. Diluted earnings per share from continuing operations was MXN 5 compared to MXN 2.76 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.