Becle, S.A.B. de C.V. Reports Q3 Revenue Decline and Lower EBITDA
Becle, S.A.B. de C.V. (BCCLF) reported its third-quarter financial results, showing a significant contraction across key metrics. Total revenue fell 15.3% year-over-year to P$9.25 billion, driven by an 8.7% decline in total volume, which reached 5.71 million nine-liter cases. Profitability saw a sharp downturn as gross profit dropped 22.8% to P$4.73 billion, resulting in a gross margin of 51.1%. Most notably, EBITDA plummeted by 57.9% year-over-year to P$1.46 billion, while GAAP earnings per share stood at P$0.18.