Sitios Latinoamérica, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 28, 2024 at 06:17 am IST
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Sitios Latinoamérica, S.A.B. de C.V. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was MXN 2,961.87 million compared to MXN 2,841.06 million a year ago. Net loss was MXN 153.62 million compared to MXN 74.57 million a year ago. Basic loss per share from continuing operations was MXN 0.05 compared to MXN 0.04 a year ago. Diluted loss per share from continuing operations was MXN 0.05 compared to MXN 0.04 a year ago.
For the full year, sales was MXN 12,951.13 million compared to MXN 5,261.51 million a year ago. Net loss was MXN 1,272.15 million compared to net income of MXN 274.56 million a year ago. Basic loss per share from continuing operations was MXN 0.4 compared to basic earnings per share from continuing operations of MXN 0.09 a year ago. Diluted loss per share from continuing operations was MXN 0.4 compared to diluted earnings per share from continuing operations of MXN 0.09 a year ago.
Sitios Latinoamerica SAB de CV is a Mexico-based company. The Company is specialized in the construction industry in the telecommunications sector. The Company's main activities are to build, install, maintain, operate and commercialize, directly, various types of towers and other support structures, as well as physical spaces and other non-electronic elements that make up the passive infrastructure, for the installation of radiant radio communications equipment and other active infrastructure, as well as the provision of other related services directly or indirectly related to the telecommunications sector.
SITIOS LATINOAMÉRICA, S.A.B. DE C.V. 
