Vinte Viviendas Integrales, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 18, 2023 at 03:17 pm EDT
Share
Vinte Viviendas Integrales, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MXN 1,066.9 million compared to MXN 1,017.19 million a year ago. Net income was MXN 96.19 million compared to MXN 99.03 million a year ago. Basic earnings per share from continuing operations was MXN 0.44 compared to MXN 0.46 a year ago. Diluted earnings per share from continuing operations was MXN 0.44 compared to MXN 0.46 a year ago.
For the nine months, sales was MXN 3,043.17 million compared to MXN 2,778.1 million a year ago. Net income was MXN 299.37 million compared to MXN 274.27 million a year ago. Basic earnings per share from continuing operations was MXN 1.38 compared to MXN 1.27 a year ago. Diluted earnings per share from continuing operations was MXN 1.38 compared to MXN 1.27 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. 
