| (Check one): | ☐ Form 10-K ☐ Form N-CSR | ☒ Form 20-F | ☐ Form 11-K | ☐ Form 10-Q | ☐ Form 10-D | ☐ Form N-CEN |
For Period Ended: | December 31, 2021 |
☐ Transition Report on Form 10-K | ||
☐ Transition Report on Form 20-F | ||
☐ Transition Report on Form 11-K | ||
☐ Transition Report on Form 10-Q | ||
For the Transition Period Ended: | ||
Read Instruction (on back page) Before Preparing Form. Please Print or Type. |
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein. |
| Grupo TMM, S.A.B. |
Full Name of Registrant |
| Grupo TMM, S.A. |
Former Name if Applicable |
| Paseo de la Reforma No. 296, P.19. |
Address of Principal Executive Office (Street and Number) |
| Colonia Juárez, 06600 México City, México |
City, State and Zip Code |
| (a) | The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense | ||
| ☒ | (b) | The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and | |
| (c) | The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. | ||
(1) | Name and telephone number of person to contact in regard to this notification | ||||
| Luis Rodolfo Capitanachi Dagdug | 5255 | 5629 8866 | |||
| (Name) | (Area Code) | (Telephone Number) | |||
(2) | Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). | ||||
☒ Yes ☐ No | |||||
(3) | Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? | ||||
☒ Yes ☐ No | |||||
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. We expect to record a net loss of Ps. 248.0 million in 2021, compared to a net loss of Ps. 403.2 million in 2020. The reduction in our net losses in 2021 is primarily due to a significant improvement in our business operating results, partially offset by a reduction in other income, as we expect to report an operating loss of Ps. 210.0 million and other expenses of Ps. 169.3 million in 2021 compared to an operating loss of Ps. 328.8 million and other expenses of Ps. 257.2 million in 2020. The improvement in our operating income is primarily attributable to the Company’s recovery as a result of the gradual resumption of commercial activity in the various sectors in which we operate, as well as the commencement of operations for three specialized vessels contracted by one of our main clients from August 2021. The other expenses were attributable to non-recurring operations, mainly due to the recognition of contingent assets, the sale of the chemical tanker “Olmeca” during the first quarter of 2021, as well as expenses related to the cancellation of the lease of our former corporate headquarters. | ||||||
| Grupo TMM, S.A.B. |
| (Name of Registrant as Specified in Charter) |
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized. |
Date: | May 3, 2022 | By: | /s/ Luis Rodolfo Capitanachi Dagdug | |
Name: | Luis Rodolfo Capitanachi Dagdug | |||
Title: | Chief Financial Officer | |||
