Vinte Profit Slips 0.6% as Tax Bill Climbs
Mexican homebuilder Vinte posted a profit dip of 0.6% for the third quarter of 2026, as a higher tax bill offset rising revenue and margins. The post Vinte Profit Slips 0.6% as Tax Bill Climbs appeared first on The Rio Times .
Vinte's profit for the third quarter of 2026 dropped 0.6% to 377 million pesos, despite a 5.9% increase in revenue. The company, a major Mexican homebuilder offering family homes under the Vinte, Javer and Derex brands, sells homes mostly through the Infonavit scheme. The lower profit came from a higher deferred income tax charge, which increased the effective tax rate from 28% to 35% of pre-tax profit.
The company's CEO, René Martínez, stated the decline did not indicate weaker operations, noting broader home prices boosted revenue by 17.5%. Vinte built 3,565 homes in the quarter, a 10.1% decrease from the previous year. Despite the profit dip, EBITDA rose by 13.1% to 876 million pesos and the pre-tax profit grew 10.1% to 582 million pesos.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
