Fibra Mty, S.A.P.I. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 25, 2024 at 11:13 am EDT
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Fibra Mty, S.A.P.I. de C.V. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was MXN 605.01 million compared to MXN 372.59 million a year ago. Net income was MXN 236.93 million compared to net loss of MXN 669.61 million a year ago.
Basic earnings per share from continuing operations was MXN 0.12 compared to basic loss per share from continuing operations of MXN 0.49 a year ago. Diluted earnings per share from continuing operations was MXN 0.12 compared to diluted loss per share from continuing operations of MXN 0.49 a year ago.
Fibra Mty SAPI de CV is a Mexico-based company engaged in the operation of commercial real estate investment trust (REIT). The Company specializes in acquiring, managing and developing nonresidential properties, primarily located in Monterrey, San Pedro Garza Garcia, Apodaca, and Ciudad Juarez, among others. Its activities are divided into two segments: Office and Industrial. The Office division is responsible for renting real estate used for business purposes. The Industrial segment offers operating space in industrial facilities. Furthermore, it develops commercial areas, such as restaurants, cafes and retail stores. The Company is a parent of Administrador Fibra Mty SC, which manages the REIT.
FIBRA MTY, S.A.P.I. DE C.V. 
