Vinte Viviendas Integrales, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 19, 2021 at 03:11 pm EDT
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Vinte Viviendas Integrales, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was MXN 894.940 million compared to MXN 817.625 million a year ago. Operating income was MXN 122.299 million compared to MXN 115.226 million a year ago. Net income was MXN 87.176 million compared to MXN 83.037 million a year ago. Basic earnings per share was MXN 0.4 compared to MXN 0.41 a year ago. For the half year, sales was MXN 1,677.819 million compared to MXN 1,506.388 million a year ago. Operating income was MXN 210.740 million compared to MXN 211.686 million a year ago. Net income was MXN 154.410 million compared to MXN 153.202 million a year ago. Basic earnings per share was MXN 0.71 compared to MXN 0.76 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.