Mexico Metropolis. Petróleos Mexicanos (Pemex) reported losses of 255,937 million pesos within the second quarter of the 12 months, primarily because of the strengthening of the greenback, whereas complete monetary debt stood at 99,391 million {dollars}, which meant a discount of 1.8 p.c in comparison with the quantity noticed on the finish of 2023, in response to the stories despatched to the Mexican Inventory Trade (BMV).
Based on the oil firm, the losses noticed in April-June have been defined by the lower in complete gross sales, the rise in international alternate losses, the lower within the return on spinoff monetary devices and the rise in the price of gross sales.
Nevertheless, he stated the end result was offset by a lower within the impairment of fastened property, in addition to a lower in taxes and duties.
The state-owned firm stated it recorded a international alternate lack of 159 billion within the second quarter, in comparison with a international alternate achieve of 105 billion in the identical interval of 2023.
“This variation was attributable to a depreciation of the Mexican peso towards the US greenback in 2024 in comparison with an appreciation in the identical interval of the earlier 12 months.
Within the second quarter of 2024, complete gross sales amounted to 409 billion pesos, an quantity 1.1 p.c decrease than the identical interval final 12 months, resulting from a 16.1 p.c lower in export gross sales resulting from a decrease quantity of crude oil bought and the appreciation of the peso towards the greenback, offset by a 12.5 p.c enhance in home gross sales primarily resulting from increased costs of crude oil and petroleum merchandise.
Whole monetary debt stood at US$99.391 billion, an quantity that confirmed a discount of 1.8 p.c in comparison with the tip of 2023, which is defined by the target of sustaining a web debt near zero.
Pemex famous that in April-June, complete taxes and duties amounted to 58 billion pesos, a lower of 15.3 p.c in comparison with the identical interval in 2023, primarily because of the lower within the price of the Proper for Shared Revenue (DUC), probably the most important one paid by the corporate by way of quantity, which went from 40 p.c in 2023 to 30 p.c in 2024. On this sense, the DUC decreased 29.6 p.c in comparison with April-June of final 12 months.
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– 2024-07-27 10:20:35
