Servicios Corporativos Javer, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 04, 2021 at 03:43 pm EST
Share
Servicios Corporativos Javer, S.A.B. De C.V. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was MXN 2,132.572 million compared to MXN 2,023.786 million a year ago. Operating income was MXN 287.165 million compared to MXN 273.971 million a year ago. Net income was MXN 44.760 million compared to net loss of MXN 84.541 million a year ago. For the full year, sales was MXN 7,293.856 million compared to MXN 7,374.769 million a year ago. Operating income was MXN 896.372 million compared to MXN 827.855 million a year ago. Net income was MXN 139.682 million compared to MXN 8.476 million a year ago.
Servicios Corporativos Javer SAB de CV is a Mexico-based company primarily engaged in the homebuilding sectors. The Company specializes in the design, construction, promotion and sale of housing developments, which are mainly located in the northeastern region of Mexico. The Company's products portfolio comprises single-family and multifamily real estate properties that are structured in three divisions: Affordable Entry-Level, Middle-Income and Residential. The Company also owns land in the states of Nuevo Leon, Jalisco, Aguascalientes, Tamaulipas, Queretaro and Estado de Mexico, Mexico. Moreover, the Company is active in the promotion, development and sale of commercial land plots.
SERVICIOS CORPORATIVOS JAVER, S.A.B. DE C.V. 
