Value Grupo Financiero, S.A.B. De C.V. Reports Earnings Results for the Half Year Ended June 30, 2021
July 27, 2021 at 05:56 pm EDT
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Value Grupo Financiero, S.A.B. De C.V. Announced earnings results for the half year ended June 30, 2021. For the half year, the company announced operating income was MXN 264.751 million compared to operating loss of MXN 140.751 million a year ago. Net income was MXN 221.726 million compared to net loss of MXN 61.989 million a year ago.
Value Grupo Financiero SAB de CV is a Mexico-based company primarily engaged in the securities brokerage. The Company's activities are divided into three business lines: Stock Brokerage, Leasing and Consulting. The Stock Brokerage segment is responsible for the placement, promotion, sale and purchase of securities, arbitrage operations, custody services and management of investment funds. The Leasing division offers commercial loans, operative and financial leasing, as well as factoring services. The Consulting area provides investment advice services to group entities. The Company's customers include individual investors, corporations and governments. It operates through numerous subsidiaries, including Value Casa de Bolsa, Value Arrendadora and Value Consultores, among others.