G Collado, S.A.B. De C.V. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 30, 2021 at 05:35 pm EDT
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G Collado, S.A.B. De C.V. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was MXN 2,862.979 million compared to MXN 2,081.691 million a year ago. Operating income was MXN 308.551 million compared to MXN 58.190 million a year ago. Net income was MXN 194.770 million compared to MXN 1.117 million a year ago.
G Collado SAB de CV is a Mexico-based company primarily engaged in the steel industry. The Companyâs main activities comprise purchase and sale, as well as transformation and distribution of steel products, principally dedicated for the construction, industrial and commercial use. Its products portfolio includes industrial pipes, commercial profiles, sheets, plates, beams, panels, mesh, rods, wire rods, wire, nails, forecastles and rings, among others. The Company also offers additional steel processing services, such as cutting, forming, bending, assembling, rolling, printing, punching and shotblasting. It operates through Grupo Collado SA de CV, Coryer SA de CV and Acer-Mon SA de CV, among others.