Servicios Corporativos Javer, S.A.B. De C.V. Reports Earnings Results for the Third Quarter Ended September 30, 2019
October 23, 2019 at 02:50 pm IST
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Servicios Corporativos Javer, S.A.B. De C.V. Announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was MXN 1,932.887 million compared to MXN 2,026.882 million a year ago. Net income was MXN 45.287 million compared to MXN 82.307 million a year ago. Basic earnings per share was MXN 0.16 compared to MXN 0.3 a year ago. For the nine months, sales was MXN 5,350.983 million compared to MXN 6,288.599 million a year ago. Net income was MXN 93.017 million compared to MXN 213.048 million a year ago. Basic earnings per share was MXN 0.33 compared to MXN 0.77 a year ago.
Servicios Corporativos Javer SAB de CV is a Mexico-based company primarily engaged in the homebuilding sectors. The Company specializes in the design, construction, promotion and sale of housing developments, which are mainly located in the northeastern region of Mexico. The Company's products portfolio comprises single-family and multifamily real estate properties that are structured in three divisions: Affordable Entry-Level, Middle-Income and Residential. The Company also owns land in the states of Nuevo Leon, Jalisco, Aguascalientes, Tamaulipas, Queretaro and Estado de Mexico, Mexico. Moreover, the Company is active in the promotion, development and sale of commercial land plots.
SERVICIOS CORPORATIVOS JAVER, S.A.B. DE C.V. 
