trending Market Intelligence /marketintelligence/en/news-insights/trending/2Z0JwhwqIc08gZpb1A_mQg2 content esgSubNav
In This List

Grupo Vasconia Q1 profit climbs YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Grupo Vasconia Q1 profit climbs YOY

4910953 said its normalized net income for the first quarter was 26 Mexican centavos per share, an increase from 9 centavos per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 22.9 million pesos, a gain from 8.1 million pesos in the prior-year period.

The normalized profit margin rose to 3.2% from 1.4% in the year-earlier period.

Total revenue grew 23.6% year over year to 707.4 million pesos from 572.2 million pesos, and total operating expenses grew 20.6% from the prior-year period to 666.2 million pesos from 552.6 million pesos.

eported net income rose year over year to 26.0 million p Grupo Vasconia SAB.