{
  "id": 16093954,
  "title": "Vinte Profit Slips 0.6% as Tax Bill Climbs",
  "url": "https://urgent.news/2026/10/22/vinte-profit-slips-0-6-as-tax-bill-climbs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T18:59:36.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/vinte-profit-slips-tax-bill-2026/"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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 .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}