América Móvil, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 12, 2023 at 04:31 pm IST
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América Móvil, S.A.B. de C.V. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was MXN 202,531.66 million compared to MXN 212,254.06 million a year ago. Net income was MXN 25,874.61 million compared to MXN 13,683.48 million a year ago. Basic earnings per share from continuing operations was MXN 0.41 compared to MXN 0.22 a year ago. Diluted earnings per share from continuing operations was MXN 0.41 compared to MXN 0.22 a year ago. Basic earnings per share was MXN 0.41 compared to MXN 0.22 a year ago. Diluted earnings per share was MXN 0.41 compared to MXN 0.22 a year ago.
For the six months, sales was MXN 411,457.98 million compared to MXN 417,746.68 million a year ago. Net income was MXN 56,020.23 million compared to MXN 44,480.54 million a year ago. Basic earnings per share from continuing operations was MXN 0.89 compared to MXN 0.69 a year ago. Diluted earnings per share from continuing operations was MXN 0.89 compared to MXN 0.69 a year ago. Basic earnings per share was MXN 0.89 compared to MXN 0.69 a year ago. Diluted earnings per share was MXN 0.89 compared to MXN 0.69 a year ago.
America Movil, S.A.B. de C.V. is a holding company. The Company provides telecommunications services. Its services include mobile and fixed-line voice services, wireless and fixed data services, Internet access and pay television, sales of equipment, accessories and computers, as well as other related services. Its segments are Mexico Wireless, Mexico Fixed, Brazil, Colombia, Southern Cone, Andean Region, Central America, the Caribbean, the United States and Europe. The Southern Cone segment includes Argentina, Chile, Paraguay and Uruguay. The Andean Region segment includes Ecuador and Peru. The Central America segment includes Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. The Caribbean segment includes the Dominican Republic and Puerto Rico. The Europe segment includes Austria, Belarus, Bulgaria, Croatia, Macedonia, Serbia and Slovenia. It operates in all of its geographic segments under the Claro brand, except in Mexico, the United States and Europe.