Fibra Danhos Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
February 16, 2023 at 05:52 pm EST
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Fibra Danhos reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was MXN 1,523.56 million compared to MXN 1,363.55 million a year ago. Net income was MXN 501.81 million compared to MXN 888.94 million a year ago. Basic earnings per share from continuing operations was MXN 0.5785 compared to MXN 0.5914 a year ago. Diluted earnings per share from continuing operations was MXN 0.5691 compared to MXN 0.5718 a year ago.
For the full year, sales was MXN 5,513.08 million compared to MXN 4,766.18 million a year ago. Net income was MXN 2,839.27 million compared to MXN 2,804.84 million a year ago. Basic earnings per share from continuing operations was MXN 2.1083 compared to MXN 1.8681 a year ago. Diluted earnings per share from continuing operations was MXN 2.074 compared to MXN 1.8062 a year ago.
Concentradora Fibra Danhos SA de CV is a Mexico-based real estate investment trust (REIT). The Company's main activity consists of the development, leasing, operation and management of shopping centers, offices, and mixed-use properties in the Metropolitan Area of Mexico City. The Company operates primarily in the development of mixed used properties and office campuses. Additionally, the Company adopts technological solutions in their design and operation, including safety systems, optical fibers, Park Help, Federal APD, Traffic Pro, SAP operational monitoring software and services, among others. The Company is divided in four divisions: Commercial, Offices, Mixed Use and Residential Division. In May 2014, the Company acquired two properties located on Anillo Periferico, in southeast of Mexico City in vicinity of Iztapalapa, on border of Xochimilco.
FIBRA DANHOS 
