trending Market Intelligence /marketintelligence/en/news-insights/trending/dX1G33AbBKmAdKZU14D-NQ2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Swift Foods Q1 loss narrows YOY


Episode 11: AI/ML maturity and pandemic effects‬

A room with a view: a non-tech explanation of containers and Kubernetes

Private equity TMT activity making comeback in Europe


LCD Monthly: Assessing the US loan market one year after the COVID-19 crash

Swift Foods Q1 loss narrows YOY

4910789 said its normalized net income for the first quarter was a loss of 535,630 pesos, compared with a loss of 680,790 pesos in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin declined to negative 4.9% from negative 3.8% in the year-earlier period.

Total revenue fell 39.6% year over year to 10.9 million pesos from 18.0 million pesos, and total operating expenses declined 38.7% year over year to 11.8 million pesos from 19.3 million pesos.

eported net income totaled a loss of 857,000 pesos, or a los Swift Foods Inc.