Detail akcie Urbi Desarr Urba online

Business Summary: Urbi Desarrollos Urbanos SAB de CV is a Mexico-based company primarily engaged in the homebuilding sector. The Company's activities are divided into three business lines: Real estate development, Real estate construction and Plots. The Real estate development line is responsible for the design, construction and sale of own residential buildings, which aim at low, middle, and high-income families. The Real estate construction line comprises management and construction of residential projects for third parties. The Plots line focuses on the acquisition, subdivision and sale of land. The Company develops housing projects under a range of brand names, including UrbiVilla, UrbiQuinta, UrbiHacienda and UrbiClub. The Company operates through numerous subsidiaries, such as Ingenieria y Obras SA de CV, Obras y Desarrollos Urbi SA de CV and Cyd Desarrollos Urbanos SA de CV.
Financial Summary: BRIEF: For the nine months ended 30 September 2019, Urbi Desarrollos Urbanos SAB de CV revenues decreased 15% to PS304.7M. Net loss totaled PS166.3M vs. income of PS20.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Other income decrease of 81% to PS57.8M (income), Interest expense increase of 50% to PS16.8M (expense).