Corporación Interamericana de Entretenimiento, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 25, 2024
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Corporación Interamericana de Entretenimiento, 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 3,911.4 million compared to MXN 2,926.72 million a year ago. Net income was MXN 955.71 million compared to MXN 967.06 million a year ago. Basic earnings per share from continuing operations was MXN 1.7085 compared to MXN 1.7288 a year ago. Diluted earnings per share from continuing operations was MXN 1.7085 compared to MXN 1.7288 a year ago.
For the full year, sales was MXN 4,900.17 million compared to MXN 4,009.04 million a year ago. Net income was MXN 1,212.32 million compared to MXN 1,374.53 million a year ago. Basic earnings per share from continuing operations was MXN 2.1673 compared to MXN 2.4573 a year ago. Diluted earnings per share from continuing operations was MXN 2.1673 compared to MXN 2.4573 a year ago.
Corporacion Interamericana de Entretenimiento SAB de CV (CIE) is a Mexico-based company engaged in the leisure sector. The Companyâs business activities are structured in four divisions: CIE Entretenimiento, which specializes in the organization and sponsorship of concerts and live performances, venue management, ticketing, souvenirs sales and artist management and representation; CIE Las Americas, active in the gaming sector, as well as it manages the Complejo Las Americas, an entertainment complex that comprises a hippodrome, a convention center, a childrenâs theme park and restaurants; CIE Parques de Diversiones, which operates two amusement parks located in Colombia, and CIE Commercial, which offers advertising and marketing services. As of December 31, 2011, the Company owned such subsidiaries as Ocesa Anfiteatro SA de CV, Operadora de Centros de Espectaculos SA de CV, CIE Internacional SA de CV and Publitop SA de CV, among others.
CORPORACIÓN INTERAMERICANA DE ENTRETENIMIENTO, S.A.B. DE C.V. 
