Unifin Financiera, S. A. B. de C. V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 22, 2021 at 05:36 am IST
Share
Unifin Financiera, S. A. B. de C. V. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was MXN 2,999.23 million compared to MXN 2,604.3 million a year ago. Net income was MXN 433.28 million compared to MXN 384.71 million a year ago. Basic earnings per share from continuing operations was MXN 0.93. Diluted earnings per share from continuing operations was MXN 0.93.
For the nine months, sales was MXN 8,736.48 million compared to MXN 8,334.53 million a year ago. Net income was MXN 1,076.62 million compared to MXN 1,058.42 million a year ago. Basic earnings per share from continuing operations was MXN 2.33 compared to MXN 3.15 a year ago. Diluted earnings per share from continuing operations was MXN 2.33 compared to MXN 3.15 a year ago.
Unifin Financiera SAB de CV SOFOM ENR is a Mexico-based company engaged in the financial industry. The Company operates though three business segments. The Operating Lease segment is responsible for operating leases for construction and industrial equipment, machinery, various types of transportations vehicles, including cars, trucks, helicopters, airplanes and other vessels, and other capital assets. The Financial Factoring segment provides liquidity and financing solutions to its customers by purchasing or discounting their accounts receivable and by providing vendor financing. The Auto Loans and Other Loans segment is focused on financing the acquisition of new and used vehicles. The Company provides its services to small and medium sized companies, as well as individuals.
UNIFIN FINANCIERA, S. A. B. DE C. V. 
