Cementos Molins, S.A. Reports Earnings Results for the Half Year Ended June 30, 2022
July 27, 2022 at 11:04 am EDT
Share
Cementos Molins, S.A. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was EUR 516.09 million compared to EUR 344.85 million a year ago. Revenue was EUR 539.24 million compared to EUR 359.05 million a year ago. Net income was EUR 56.89 million compared to EUR 56.62 million a year ago. Basic earnings per share from continuing operations was EUR 0.9 compared to EUR 0.89 a year ago. Diluted earnings per share from continuing operations was EUR 0.9 compared to EUR 0.89 a year ago.
Cementos Molins SA is a Spain-based company engaged in the production, distribution and sale of cements, lime and gypsum, as well as other related construction materials. The Company is also involved in the exploitation of quarries and deposits of clay, limestone and gypsum. As of December 31, 2011, the Company owned such subsidiaries as Cementos Molins Industrial SAU, Promotora Mediterranea-2 SA, Prefabricaciones y Contratas SAU, Propamsa SAU, Cemolins Internacional SL, Portcemen SA and Minus Inversora SA, among others. In addition, Noumea SA was the Companyâs major shareholder with 32.09% of its interest.