Earnings ·
Grupo TMM reports Q3 net loss of Ps.27.9 million on higher financing costs and FX headwinds
GTMAYGrupo Tmm SAB
Grupo TMM reported a third-quarter 2026 net loss of Ps.27.9 million, reversing a Ps.97.8 million profit in the prior-year period. Consolidated revenue declined to Ps.272.7 million from Ps.568.4 million, driven by lower activity in Maritime and Maritime Infrastructure segments. Operating income fell to Ps.27.8 million from Ps.108.1 million. The loss was primarily attributed to increased financial expenses of Ps.55.6 million and net foreign exchange losses of Ps.36.3 million. Cumulative net income for the first nine months stood at Ps.8.3 million against a prior-year gain of Ps.260.1 million. Grupo TMM is a Mexican maritime transportation, logistics and maritime infrastructure services company.