Planigrupo LATAM, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 27, 2022 at 01:57 pm
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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, 2022. For the third quarter, the company reported sales was MXN 397.55 million compared to MXN 356.59 million a year ago. Net income was MXN 40.9 million compared to MXN 56.62 million a year ago. Basic earnings per share from continuing operations was MXN 0.123508 compared to MXN 0.170991 a year ago. Diluted earnings per share from continuing operations was MXN 0.123508 compared to MXN 0.170991 a year ago.
For the nine months, sales was MXN 1,162.46 million compared to MXN 1,014 million a year ago. Net income was MXN 332.01 million compared to MXN 98.78 million a year ago. Basic earnings per share from continuing operations was MXN 1.0026 compared to MXN 0.298292 a year ago. Diluted earnings per share from continuing operations was MXN 1.0026 compared to MXN 0.298292 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. 
