Cox Energy América, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 27, 2023 at 04:03 pm EDT
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Cox Energy América, S.A.B. de C.V. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was MXN 146.66 million compared to MXN 132.01 million a year ago. Net loss was MXN 24.16 million compared to MXN 89.34 million a year ago. Basic loss per share from continuing operations was MXN 0.1465 compared to MXN 0.5418 a year ago. Diluted loss per share from continuing operations was MXN 0.1465 compared to MXN 0.5418 a year ago.
For the six months, sales was MXN 278.91 million compared to MXN 211.52 million a year ago. Net loss was MXN 41.05 million compared to MXN 95.46 million a year ago. Basic loss per share from continuing operations was MXN 0.249 compared to MXN 0.579 a year ago. Diluted loss per share from continuing operations was MXN 0.249 compared to MXN 0.579 a year ago.
Cox Energy SAB de CV (Cox Energy) is a Mexico-based company operating in the electric power industry. The Company's main activity is the generation of renewable solar photovoltaic energy through the development, promotion and operation of photovoltaic plants in Latin American countries. Cox Energy also participates in the distribution and commercialization of this energy.