Planigrupo LATAM, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 26, 2021 at 10:07 am EDT
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Planigrupo LATAM, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was MXN 356.59 million compared to MXN 302.21 million a year ago. Net income was MXN 56.62 million compared to net loss of MXN 3.57 million a year ago. Basic earnings per share from continuing operations was MXN 0.170991 compared to basic loss per share from continuing operations of MXN 0.011221 a year ago. Diluted earnings per share from continuing operations was MXN 0.170991 compared to diluted loss per share from continuing operations of MXN 0.011221 a year ago.
For the nine months, sales was MXN 1,014 million compared to MXN 949.88 million a year ago. Net income was MXN 98.78 million compared to net loss of MXN 37.72 million a year ago. Basic earnings per share from continuing operations was MXN 0.298292 compared to basic loss per share from continuing operations of MXN 0.118469 a year ago. Diluted earnings per share from continuing operations was MXN 0.298292 compared to diluted loss per share from continuing operations of MXN 0.118469 a year ago.
Planigrupo Latam SAB de CV, formerly Planigrupo Latam SAPI de CV, is a Mexico-based company primarily engaged in the real estate sector. The Company focuses on providing various services related to retail real estate development and management. The Company offers shopping centers design, construction, development and leasing. In addition, it provides property management to third parties. The Company's properties portfolio is located in numerous regions, in the north, central and south part of Mexico. Its tenants range includes Walmart, Movistar, Chilli's, HSBC, Buger King, Famsa and Domino's Pizza, among others. The Company operates through Diseno PG S de RL de C, Alta Direccion PG S de L de CV, Operaciones Planigrupo SA de CV and Planigrupo Real Estate S de RL de CV, among others.
PLANIGRUPO LATAM, S.A.B. DE C.V. 
