April 26, 2018 2:32 PM ET

Consumer Finance

Company Overview of Apoyo Económico Familiar S.A. de C.V. SOFOM ENR

Company Overview

Apoyo Económico Familiar S.A. de C.V. SOFOM ENR provides lending and advisory services. The company was founded in 2005 and is based in Mexico City, Mexico. Apoyo Económico Familiar S.A. de C.V. SOFOM ENR is a subsidiairy of Financiera Independencia, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulad.

Insurgentes Sur 1228

5 piso

Col. Tlacoquemécatl del Valle

Del. Benito Juarez

Mexico City, DF 03200

Mexico

Founded in 2005

Phone:

52 55 1102 4000

Key Executives for Apoyo Económico Familiar S.A. de C.V. SOFOM ENR

General Manager and Chief Executive Officer
Co-Founder and Chief Administrative Officer
Chief Operating Officer and Member of the Board of Directors
Compensation as of Fiscal Year 2017.

Apoyo Económico Familiar S.A. de C.V. SOFOM ENR Key Developments

Apoyo Económico Reports Earnings Results for the First Quarter Ended March 31, 2018

Apoyo Económico reported earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported interest income of MXN 261.6 million compared to MXN 259.3 million a year ago. Net interest income was MXN 232.7 million compared to MXN 236.4 million a year ago. Net operating revenue was MXN 201.5 million compared to MXN 215.8 million a year ago. Net operating income was MXN 10.2 million compared to MXN 22.3 million a year ago. Net income was MXN 10.6 million compared to MXN 20.0 million a year ago.

Apoyo Económico Familiar S.A. de C.V. SOFOM ENR Announces Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2017

Apoyo Económico Familiar S.A. de C.V. SOFOM ENR announced earnings results for the fourth quarter and full year ended December 31, 2017. For the fourth quarter, reported interest income was MXN 273.5 million compared to MXN 274.1 million a year ago. Net interest income was MXN 244.3 million compared to MXN 252.5 million a year ago. Net operating revenue was MXN 209.0 million compared to MXN 207.1 million a year ago. Net operating income was MXN 25.2 million compared to MXN 13.2 million a year ago. Total income before minority interest was MXN 24.9 million compared to MXN 13.5 million a year ago. Net income was MXN 24.9 million compared to MXN 13.5 million a year ago. For the year, reported interest income was MXN 1,065.4 million compared to MXN 1,075.8 million a year ago. Net interest income was MXN 961.6 million compared to MXN 1,005.9 million a year ago. Net operating revenue was MXN 862.3 million compared to MXN 930.3 million a year ago. Net operating income was MXN 95.9 million compared to MXN 158.7 million a year ago. Total income before minority interest was MXN 88.0 million compared to MXN 117.8 million a year ago. Net income was MXN 88.0 million compared to MXN 117.8 million a year ago.

Apoyo Económico Familiar Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2017

Apoyo Económico Familiar reported unaudited earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported interest income of MXN 262.8 million compared to MXN 265.8 million a year ago. Net interest income was MXN 238.6 million compared to MXN 251.5 million a year ago. Net operating revenue was MXN 219.3 million compared to MXN 246.0 million a year ago. Net operating income was MXN 26.0 million compared to MXN 50.8 million a year ago. Net income was MXN 22.4 million compared to MXN 35.8 million a year ago. For the six months, the company reported interest income of MXN 522.1 million compared to MXN 525.2 million a year ago. Net interest income was MXN 474.9 million compared to MXN 496.1 million a year ago. Net operating revenue was MXN 431.6 million compared to MXN 483.2 million a year ago. Net operating income was MXN 44.8 million compared to MXN 99.2 million a year ago. Net income was MXN 40.0 million compared to MXN 71.8 million a year ago.

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