Grupo Traxión, S.A.B. de C.V. Reports Earnings Results for the Full Year Ended December 31, 2022
February 27, 2023 at 05:38 pm EST
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Grupo Traxión, S.A.B. de C.V. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported revenue was MXN 20,325.04 million compared to MXN 17,086.47 million a year ago. Net income was MXN 504.18 million compared to MXN 849.75 million a year ago.
Basic earnings per share from continuing operations was MXN 0.95 compared to MXN 1.59 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. 
