Cox Energy América, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 28, 2022 at 01:15 am IST
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Cox Energy América, S.A.B. de C.V. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was MXN 132.01 million compared to MXN 2.32 million a year ago. Net loss was MXN 165.4 million compared to MXN 12.93 million a year ago. Basic loss per share from continuing operations was MXN 1. Diluted loss per share from continuing operations was MXN 1.
For the six months, sales was MXN 211.52 million compared to MXN 4.49 million a year ago. Net loss was MXN 171.53 million compared to MXN 69.1 million a year ago. Basic loss per share from continuing operations was MXN 1.04 compared to MXN 0.43 a year ago. Diluted loss per share from continuing operations was MXN 1.04 compared to MXN 0.43 a year ago.
Cox Energy SAB de CV (Cox Energy) is a Mexico-based company operating in the electric power industry. The Company's main activity is the generation of renewable solar photovoltaic energy through the development, promotion and operation of photovoltaic plants in Latin American countries. Cox Energy also participates in the distribution and commercialization of this energy.