Vinte Viviendas Integrales, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 23, 2021 at 05:09 am EST
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Vinte Viviendas Integrales, S.A.B. De C.V. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was MXN 1,222.102 million compared to MXN 1,156.246 million a year ago. Operating income was MXN 122.393 million compared to MXN 279.141 million a year ago. Net income was MXN 86.269 million compared to MXN 169.084 million a year ago. Basic earnings per share was MXN 0.4 compared to MXN 0.84 a year ago. For the full year, sales was MXN 3,650.818 million compared to MXN 3,744.611 million a year ago. Operating income was MXN 457.185 million compared to MXN 745.211 million a year ago. Net income was MXN 331.311 million compared to MXN 523.531 million a year ago. Basic earnings per share was MXN 1.53 compared to MXN 2.59 a year ago.
Vinte Viviendas Integrales SAB de CV is a Mexico-based company primarily engaged in the residential real estate development. The Company focuses on the design, construction, promotion and commercialization of residential properties. The Company's activities are divided into three areas: social housing, housing for medium-income families and residential housing. It offers single and multifamily properties with different floor area, rooms number, interior finish and surroundings, among others. In addition, the Company offers technical advisory related to architecture, construction and building installations. The Company operates in a range of Mexican states, such as Hidalgo, Queretaro, Quintana Roo, Puebla and Mexico.
VINTE VIVIENDAS INTEGRALES, S.A.B. DE C.V. 
