Grupo Elektra, S.A.B. de C.V. Reports Earnings Results for the Full Year Ended December 31, 2022
February 21, 2023 at 06:15 pm EST
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Grupo Elektra, S.A.B. de C.V. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported net interest income was MXN 80,744.13 million compared to MXN 66,866.21 million a year ago. Net loss was MXN 7,352.45 million compared to net income of MXN 12,943.81 million a year ago.
Basic loss per share from continuing operations was MXN 33.16 compared to basic earnings per share from continuing operations of MXN 57.49 a year ago. Diluted loss per share from continuing operations was MXN 33.16 compared to diluted earnings per share from continuing operations of MXN 57.49 a year ago. Basic loss per share was MXN 33.16 compared to basic earnings per share of MXN 56.91 a year ago.
Diluted loss per share was MXN 33.16 compared to diluted earnings per share of MXN 56.91 a year ago.
Grupo Elektra SAB de CV (Elektra) is a Mexico-based company primarily engaged in the banking and retailing sector. The Company is a financial services and specialty retailing company in Mexico and Central and South America, as well as a short-term non-bank loan provider in the United States. Its Retail Business segment comprises the sale of motorcycles, cell phones, appliances in general, electronics, furniture, among others; and provision of services, such as electronic money transfers, extended guarantees, airtime, and mobile virtual network operation. Its Financial Business segment provides banking and financial products and services like consumer credit, personal loans, commercial loans, savings accounts, term deposits, debit cards, credit cards, life and casualty insurance, retirement fund management options, brokerage services, and short-term non-bank loans. Elektra operates more than 7,000 points of contact, including approximately 4,600 in Mexico; close to 600 in Central and So
GRUPO ELEKTRA, S.A.B. DE C.V. 
