soriana, chain of self-service storesreported that its total revenues increased 6.6% in the second quarter of this year, to 41,735 million pesos, compared to the same period in 2021, driven by the opening of six stores.
Through its financial report from April to June last sent to the Mexican stock exchange (BMV), the issuer stated that its profits amounted to 1,820 million pesos, equivalent to an increase of 12.6% compared to the same months of 2021.
“The income was favored, in part, by the opening of six stores during the last twelve months, in which an acceptance of our customers has been observed, the good performance in general of our stores throughout the country, especially in the Supermarket format and City Clubas well as a constant recovery in real estate income from rentals of commercial premises caused by the generalized reactivation of traffic in shopping centers”, reads the report.
Regarding the operating flow (EBITDA or operating profit before depreciation and amortization) the result was 3,062 million pesos, a figure 6.0% higher than the second quarter of 2021. While the same-store sales indicator for the quarter was 6.4 percent .
The chain of self-service stores said that its bank and stock market debt ended at 13,022 million pesos, a decrease of 3,670 million pesos compared to the same period in 2021.
Soriana announced that it closed the second quarter of this year with 800 stores, of which 369 operate as Soriana Hyper; 163, like Soriana Market; 127, like Soriana Super; 105, like Soriana Express; and 36, as City Club.
The stores add up to a total of 4 million square meters of sales floor area and are located in 282 municipalities throughout the entire Mexican Republic.
