Fibra Mty, S.A.P.I. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 21, 2022 at 05:03 am EDT
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Fibra Mty, S.A.P.I. 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 373.83 million compared to MXN 369.77 million a year ago. Net income was MXN 736.08 million compared to MXN 331.07 million a year ago. Basic earnings per share from continuing operations was MXN 0.76 compared to MXN 0.34 a year ago. Diluted earnings per share from continuing operations was MXN 0.75 compared to MXN 0.34 a year ago.
For the six months, sales was MXN 749.12 million compared to MXN 700.19 million a year ago. Net income was MXN 871.79 million compared to MXN 600.32 million a year ago. Basic earnings per share from continuing operations was MXN 0.9 compared to MXN 0.62 a year ago. Diluted earnings per share from continuing operations was MXN 0.89 compared to MXN 0.62 a year ago.
Fibra Mty SAPI de CV is a Mexico-based company engaged in the operation of commercial real estate investment trust (REIT). The Company specializes in acquiring, managing and developing nonresidential properties, primarily located in Monterrey, San Pedro Garza Garcia, Apodaca, and Ciudad Juarez, among others. Its activities are divided into two segments: Office and Industrial. The Office division is responsible for renting real estate used for business purposes. The Industrial segment offers operating space in industrial facilities. Furthermore, it develops commercial areas, such as restaurants, cafes and retail stores. The Company is a parent of Administrador Fibra Mty SC, which manages the REIT.
FIBRA MTY, S.A.P.I. DE C.V. 
