Vinte Viviendas Integrales, S.A.B. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 07:19 am EDT
Share
Vinte Viviendas Integrales, S.A.B. de C.V. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was MXN 787.24 million compared to MXN 782.88 million a year ago. Net income was MXN 67.97 million compared to MXN 67.23 million a year ago. Basic earnings per share from continuing operations was MXN 0.31 compared to MXN 0.31 a year ago. Diluted earnings per share from continuing operations was MXN 0.31 compared to MXN 0.31 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.