Grupo Traxión, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 24, 2023 at 07:20 pm EDT
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Grupo Traxión, S.A.B. de C.V. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was MXN 5,979.69 million compared to MXN 4,944.27 million a year ago. Net income was MXN 111.86 million compared to MXN 137.11 million a year ago.
For the six months, revenue was MXN 11,744.51 million compared to MXN 9,464.37 million a year ago. Net income was MXN 184.1 million compared to MXN 338.15 million 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. 
