Vinte Viviendas Integrales, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 17, 2023 at 02:56 pm EDT
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Vinte Viviendas Integrales, 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 sales was MXN 1,053.51 million compared to MXN 973.67 million a year ago. Net income was MXN 126.01 million compared to MXN 107.27 million a year ago. Basic earnings per share from continuing operations was MXN 0.58 compared to MXN 0.5 a year ago. Diluted earnings per share from continuing operations was MXN 0.58 compared to MXN 0.5 a year ago.
For the six months, sales was MXN 1,976.27 million compared to MXN 1,760.91 million a year ago. Net income was MXN 203.18 million compared to MXN 175.24 million a year ago. Basic earnings per share from continuing operations was MXN 0.94 compared to MXN 0.81 a year ago. Diluted earnings per share from continuing operations was MXN 0.94 compared to MXN 0.81 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. 
