El Puerto de Liverpool, S.A.B. de C.V. Reports Earnings Results for the Year 2020
February 24, 2021 at 10:30 pm IST
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El Puerto de Liverpool, S.A.B. de C.V. reported earnings results for the full year of 2020. For the year, the company delivering a positive operating and net profit looked like a very tall order. In the end, the company was able to achieve a MXN 3 billion operating profit and a MXN 750 million net profit.
El Puerto de Liverpool SAB de CV is a Mexico-based company primarily engaged in the retail sector. The Companyâs activities are structured into two business segments: Commercial and Real Estate. The Commercial division focuses on the retail sales of merchandise in department and duty free stores. Its brand names of store formats includes Liverpool and Fabricas de Francia. The Real Estate division is responsible for the management, operation and lease of commercial space in shopping centers. Through a non-bank credit card, the Company also offers consumer loans and sales financing services. The Company has operations established in various Mexican states. The Company's subsidiaries include Operadora Liverpool SA de CV, Servicios Liverpool SA de CV and Bodegas Liverpool SA de CV, among others.