Global. The conglomerate Alfa's year-on-year operations fell 32% compared to the same period of 2016, mainly due to the impact of non-recurring charges in Alpek related provisions with accounts receivable from one of his clients.Alpha flow falls and loses 5,939 mdp 17 October 2017 CE NoticiasFinancieras The industrial conglomerate Alfa reported that in the third quarter its operation flow fell 32 percent compared to the same period of 2016, 7 thousand 134 million pesos, mainly due to the impact of non-recurring charges in Alpek related provisions with accounts receivable from one of his clients (M & G Chemicals).According to its quarterly report sent yesterday to the bag, excluding this special factor, the operating flow would add 9 thousand 151 million pesos, a 5 percent less year on year.From July to September, Alpha recorded a net majority loss of 5 thousand 939 billion pesos, compared to the usefulness of 234 million reported in the third quarter of 2016.In dollars, the Ebitda of the industrial conglomerate fell 29 percent, to $ 400 million, in the third quarter of 2017.The reported net loss was 333 million with respect to the utility's 13 million of a year ago. Total revenues amounted to 4 thousand 278 million dollars, which represented an increase of 6 percent compared with the previous year.The net loss is explained mainly by the effects of the provisions and impairment of assets in Alpek which impacted operating income and the comprehensive financing result (RIF).http://hogar.intelect.com.mx/notes/global-the-conglomerate-alfas-operations-in-the-third-quarter-fell-32-compared-to-the-same-period-of-2016-mainly-due-to-the-impact-of-non-recurring-charges-in-alpek-related-provisions-with-accounts-receivable-from-one-of-his-clientshttp://hogar.intelect.com.mx/@@site-logo/logoAllen.png
Global. The conglomerate Alfa's year-on-year operations fell 32% compared to the same period of 2016, mainly due to the impact of non-recurring charges in Alpek related provisions with accounts receivable from one of his clients.
Alpha flow falls and loses 5,939 mdp 17 October 2017 CE NoticiasFinancieras The industrial conglomerate Alfa reported that in the third quarter its operation flow fell 32 percent compared to the same period of 2016, 7 thousand 134 million pesos, mainly due to the impact of non-recurring charges in Alpek related provisions with accounts receivable from one of his clients (M & G Chemicals).According to its quarterly report sent yesterday to the bag, excluding this special factor, the operating flow would add 9 thousand 151 million pesos, a 5 percent less year on year.From July to September, Alpha recorded a net majority loss of 5 thousand 939 billion pesos, compared to the usefulness of 234 million reported in the third quarter of 2016.In dollars, the Ebitda of the industrial conglomerate fell 29 percent, to $ 400 million, in the third quarter of 2017.The reported net loss was 333 million with respect to the utility's 13 million of a year ago. Total revenues amounted to 4 thousand 278 million dollars, which represented an increase of 6 percent compared with the previous year.The net loss is explained mainly by the effects of the provisions and impairment of assets in Alpek which impacted operating income and the comprehensive financing result (RIF).
Alpha flow falls and loses 5,939 mdp
17 October 2017
CE NoticiasFinancieras
The industrial conglomerate Alfa reported that in the third quarter its operation flow fell 32 percent compared to the same period of 2016, 7 thousand 134 million pesos, mainly due to the impact of non-recurring charges in Alpek related provisions with accounts receivable from one of his clients (M & G Chemicals).According to its quarterly report sent yesterday to the bag, excluding this special factor, the operating flow would add 9 thousand 151 million pesos, a 5 percent less year on year.From July to September, Alpha recorded a net majority loss of 5 thousand 939 billion pesos, compared to the usefulness of 234 million reported in the third quarter of 2016.In dollars, the Ebitda of the industrial conglomerate fell 29 percent, to $ 400 million, in the third quarter of 2017.The reported net loss was 333 million with respect to the utility's 13 million of a year ago.
Total revenues amounted to 4 thousand 278 million dollars, which represented an increase of 6 percent compared with the previous year.The net loss is explained mainly by the effects of the provisions and impairment of assets in Alpek which impacted operating income and the comprehensive financing result (RIF).
