Unifin Financiera, S.A.P.I. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 23, 2019
Share
Unifin Financiera, S.A.P.I. De C.V. Announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced operating income was MXN 663 million compared to MXN 710 million a year ago. Net income was MXN 502 million compared to MXN 491 million a year ago. For the full year, operating income was MXN 2,446 million compared to MXN 2,300 million a year ago. Net income was MXN 1,924 million compared to MXN 1,771 million a year ago.
Unifin Financiera SAB de CV SOFOM ENR is a Mexico-based company engaged in the financial industry. The Company operates though three business segments. The Operating Lease segment is responsible for operating leases for construction and industrial equipment, machinery, various types of transportations vehicles, including cars, trucks, helicopters, airplanes and other vessels, and other capital assets. The Financial Factoring segment provides liquidity and financing solutions to its customers by purchasing or discounting their accounts receivable and by providing vendor financing. The Auto Loans and Other Loans segment is focused on financing the acquisition of new and used vehicles. The Company provides its services to small and medium sized companies, as well as individuals.
UNIFIN FINANCIERA, S. A. B. DE C. V. 
