Mexican homebuilder Homex postpones filing third-qtr results to Nov 12

Reuters

MEXICO CITY, Oct 25 (Reuters) - Mexican homebuilder Homex, which is struggling under a heavy debt load andflagging sales, said on Friday it was delaying publishing itsthird-quarter results until November 12, at the latest.

"The company has been in the process of restructuring, whichhas led to enormous amounts of extra work for those working atthe company, who are themselves in charge of a reducedworkforce," Homex said in a regulatory filing.

Homex, alongside fellow troubled homebuilders like Geo and Urbi, was dropped from Mexico'sbenchmark IPC stock index after failing to file theirsecond-quarter results in a timely manner.

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