Fibra MTY at the end of 3Q-2020 reports positive figures due to the industrial portfolio
According to Intercam Banco's analysis of Fibra Monterrey's report for 3Q20, the investment trust maintains a solid financial position, since it has maintained double-digit growth in its total income and net operating income (NOI), slightly higher than estimates.
Total revenues increased to 343.1 million pesos, that is, 13.5% in contrast to the 12.4% of the same period of 2019, due to favorable conditions such as the increase in the average billing exchange rate ($ 23.4 vs $ 19.4 in 3Q19) since 74.4% of their income is dollarized.
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