Grupo Traxión, S.A.B. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 24, 2023 at 07:28 pm EDT
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Grupo Traxión, S.A.B. de C.V. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was MXN 5,764.82 million compared to MXN 4,520.1 million a year ago. Net income was MXN 72.24 million compared to MXN 201.04 million a year ago.
Basic earnings per share from continuing operations was MXN 0.14 compared to MXN 0.38 a year ago.
Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support services; Warehousing, including dedicated storage, shared warehouses, packing and value-added services, such as labeling and products assembly; Logistics systems, including software for logistics management; Passenger transportation, including transportation of personnel and students; Special services, including rental of bus and vans; Moving, including national and international moving services, and Advertising, including custom transportation services during marketing campaigns. The Company operates through a number of group companies.
GRUPO TRAXIÓN, S.A.B. DE C.V. 
