ALPEK, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
February 19, 2024
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ALPEK, S.A.B. de C.V. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was MXN 29,887 million compared to MXN 48,411 million a year ago. Revenue was MXN 29,887 million compared to MXN 48,411 million a year ago.
Net loss was MXN 10,939 million compared to net income of MXN 743 million a year ago.
Alpek SAB de CV is a Mexico-based company engaged in the chemicals sector. The Company's activities are divided into two business segments: Polyester and Plastics & Chemicals. The Polyester division focuses on the manufacture and distribution of purified terephthalic acid (PTA), polyethylene terephthalate (PET) and polyester fiber. The Plastics & Chemicals division is responsible for the production of polypropylene (PP), expandable polystyrene (EPS), caprolactam (CPL), ammonium sulfate, as well as specialty and industrial chemicals, such as surfactants, ethoxilates, glycoethers and desemulsionates. The Company's products are used in a range of industries, including consumer goods, food and beverages, automotive, construction, agriculture, oil and gas, as well as pharmaceuticals. It operates a number of production plants in the Americas. The Company is controlled by Alfa SAB de CV.
ALPEK, S.A.B. DE C.V. 
