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Desarrolladora Homex, S.A.B. de C.V. DHHXF

$0.00 $0.000.00% OTC PK
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Company Overview

Desarrolladora Homex, S.A.B. de C.V. is a Mexican real estate development company historically focused on the construction, sale, and financing of affordable entry-level, middle-income, and residential housing communities in Mexico. The company operated primarily within the Mexican homebuilding and infrastructure sectors, with activities spanning residential housing development, urban infrastructure projects, and related real estate services. Homex became one of Mexico’s largest homebuilders during the 2000s, supported by government-backed housing finance programs and demand for affordable housing.

The company’s principal revenue drivers historically included the sale of completed homes, land development activities, and infrastructure construction contracts. Homex served low- and middle-income homebuyers through large-scale housing developments across multiple Mexican states. The company expanded rapidly through debt-financed growth and public market funding, including listings on the Mexican Stock Exchange and American depositary shares traded in the United States. However, following accounting irregularities, liquidity pressures, and restructuring proceedings during the 2010s, Homex significantly reduced operations and restructured portions of its business. Publicly available information indicates that operational scale and financial activity have remained substantially below historical levels, and some current operational details are limited or inconsistent across public disclosures.

Data compiled by narrative technology. May contain errors.

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Filings

Filing Date
Monday, October 28, 2024
Period Date
Monday, September 30, 2024
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Corporate Info

Phone Number
52 1 667 758 5800
Address
Boulevard Rotarismo No. 1140
Piso 1
Desarrollo Urbano Tres RIos
Culiacán, SI 80020
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