Economic Recovery Shows on Financial Statements

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The 18 companies with enlisted bonds at the stock exchange (BNV) published financial statements which show increased sales and profits.

The numbers are encouraging despite some financial ratios not being the same as in boom times. Inventory rotation is still low, and the average time to collect accounts receivable has gone up. Credit to the private sector is a major pending item, causing some companies to show negative net profits.

The article at Elperiodico.com.gt provides a “summary of quarterly results for some of the largest bond issuing companies of the Exchange. These figures confirm the economic recovery”.

Source: elperiodico.com.gt

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