Grupo Hotelero Santa Fe, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
February 22, 2024 at 05:16 pm EST
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Grupo Hotelero Santa Fe, S.A.B. de C.V. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was MXN 709.9 million compared to MXN 740.9 million a year ago. Net income was MXN 29.01 million compared to net loss of MXN 7.6 million a year ago.
Basic earnings per share from continuing operations was MXN 0.04 compared to basic loss per share from continuing operations of MXN 0.01 a year ago. Basic earnings per share was MXN 0.04 compared to basic loss per share of MXN 0.01 a year ago.
Grupo Hotelero Santa Fe SAB de CV (Krystal Hotels) is a Mexico-based company specialized in the hotel services. The Companyâs activities comprise acquiring, developing and operating urban and beach hotels in Mexico. It operates through its own brands, such as Krystal Resorts, Krystal Grand, Krystal Beach and Krystal Urban, as well as through franchises and licensed brands, including Hilton, Hilton Resorts, Hilton Garden Inn and Hampton Inn. The properties are located in Acapulco, Guadalajara, Monterrey, and Cancun, among others. The Company collaborates with Grupo Chartwell, Nexxus Capital and Walton Street Capital.