According to a report sent this Monday in Mexican Stock Exchange.
The data meant a smaller 63% pullback to a 2021 loss, when the state-owned electricity company posted a loss of 106,260.1 million pesos ($5,775 million).
According to the analysis sent to the Stock Market, one of the important events of the past year was the rise in energy prices caused by the war between Ukraine and Russia, “a situation that affects various industries, especially electrical industry“.
“Currently, the prices at which natural gas they range from $7 to $10 per gigajoule, while in early 2021 they were bought for up to $2.5 per gigajoule. It is expected that, taking into account the export of fuel from the United States to Europe, prices for vigorous stay at a high level until the end of the year.”
Accumulated income Mexican State Electric at the end of the fourth quarter of 2022, they were 618,273.1 million pesos ($33,601 million), an increase of 9% compared to what was received in 2021, when it reported revenues of 566,686 million pesos (30 $798 million).
Similar CFE recognized an impairment of its facilities and equipment of more than 19,899 million pesos ($1,081 million), “reflected in results and a net increase in the value of these assets of 201,851.9 million pesos ($11,213 million) in 2021.”
For its part, in the fourth quarter of 2022 alone, the Mexican state-owned electricity company posted a net profit of 10,925.3 million pesos ($593.8 million), which contrasts with a loss of 77,406.1 million pesos ($4,206 million). ) for the same period. 2021.
In terms of income, he listed 147,844.9 million pesos ($8,035 million), an annual deviation of 12% from last year. quarter 2021, when CFE reported income of 131,872.3 million pesos ($7,166.9 million).
The CFE also noted that it provided electric power service to 99.29% of the Mexican population at the end of 2022, up 3.9% from 2021.
The state electric company employs more than 91,800 people, of which 74,247 are permanent and the rest are casual and temporary.
In addition, he explained that there are 162 CFE power plants and 33 private independent energy producers (PIEs) in Mexico; equivalent to 502 CFE units, in addition to 100 PIEs (94 combined cycles and six wind farms), receiving the accumulated amount generation gross 238 256 625 GWh.
EFE
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
