El Puerto de Liverpool, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
February 21, 2023 at 04:09 pm EST
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El Puerto de Liverpool, S.A.B. de C.V. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was MXN 63,172.82 million compared to MXN 56,068.72 million a year ago. Net income was MXN 7,600.69 million compared to MXN 6,886.06 million a year ago. Basic earnings per share from continuing operations was MXN 5.66 compared to MXN 5.13 a year ago. Diluted earnings per share from continuing operations was MXN 5.66 compared to MXN 5.13 a year ago.
For the full year, sales was MXN 176,033.72 million compared to MXN 151,021.75 million a year ago. Net income was MXN 17,384.9 million compared to MXN 12,868.18 million a year ago.
El Puerto de Liverpool SAB de CV is a Mexico-based company primarily engaged in the retail sector. The Companyâs activities are structured into two business segments: Commercial and Real Estate. The Commercial division focuses on the retail sales of merchandise in department and duty free stores. Its brand names of store formats includes Liverpool and Fabricas de Francia. The Real Estate division is responsible for the management, operation and lease of commercial space in shopping centers. Through a non-bank credit card, the Company also offers consumer loans and sales financing services. The Company has operations established in various Mexican states. The Company's subsidiaries include Operadora Liverpool SA de CV, Servicios Liverpool SA de CV and Bodegas Liverpool SA de CV, among others.