trending Market Intelligence /marketintelligence/en/news-insights/trending/aY27ISV817sPI1qEDWHPwA2 content esgSubNav
In This List

Urbi Desarrollos Urbanos Q1 loss narrows YOY

Blog

Q&A: U.S. Battery Storage and Global Battery Metals Trends Webinar

Blog

Greenhouse gas and gold mines - Emissions intensities unaffected by lockdowns

CASE STUDY

A Trade Finance Firm Ups Its Game With Supply Chain Intelligence

Blog

Corporate and Municipal CUSIP Request Volumes Slow in August


Urbi Desarrollos Urbanos Q1 loss narrows YOY

Urbi Desarrollos Urbanos S.A.B. de C.V. said its normalized net income for the first quarter amounted to a loss of 25.32 Mexican pesos per share, compared with a loss of 303.59 pesos per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 83.6 million pesos, compared with a loss of 298.2 million pesos in the prior-year period.

The normalized profit margin was 228.4%.

Total revenue rose 19.2% on an annual basis to 36.6 million pesos from 30.7 million pesos.

Reported net income totaled a loss of 198.1 million pesos, or a loss of 60.00 pesos per share, compared to a loss of 491.1 million pesos, or a loss of 500.00 pesos per share, in the year-earlier period.

As of April 29, US$1 was equivalent to 17.13 Mexican pesos.