Consorcio Aristos, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 06:27 am EDT
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Consorcio Aristos, 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 629.002 million compared to MXN 727.192 million a year ago. Operating income was MXN 56.819 million compared to MXN 56.469 million a year ago. Net income was MXN 32.410 million compared to MXN 28.150 million a year ago. For the half year, sales was MXN 961.583 million compared to MXN 930.370 million a year ago. Operating income was MXN 99.138 million compared to MXN 99.816 million a year ago. Net income was MXN 50.712 million compared to MXN 39.113 million a year ago.
Consorcio Aristos SAB de CV is a Mexico-based holding company primarily engaged in the real estate sector. The Companyâs main activities include the development, leasing and sale of residential, commercial and industrial properties, such as hotels and restaurants. In addition, the Company is involved in the provision of consultancy services intended for the development of architectural projects, as well as in the manufacturing and installation of steel products. As of December 31, 2011, the Company owned such subsidiaries as Inmobiliaria Abandanes SA de CV, Pet de Frontera SA de CV, Torres, Estructuras y Postes de Puebla SA de CV (TEPSA), Alfa Proveedores y Contratistas SA de CV, Hotel Aristos Zacatecas SA de CV and Inmobiliaria Abandanes SA de CV.