CEMEX Holdings Philippines, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 29, 2022 at 06:20 am EDT
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CEMEX Holdings Philippines, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 5,434.21 million compared to PHP 5,691.86 million a year ago. Net loss was PHP 527.99 million compared to net income of PHP 598.2 million a year ago. Basic loss per share from continuing operations was PHP 0.04 compared to basic earnings per share from continuing operations of PHP 0.04 a year ago.
For the six months, sales was PHP 10,674.67 million compared to PHP 10,894.09 million a year ago. Net loss was PHP 266.69 million compared to net income of PHP 803.69 million a year ago. Basic loss per share from continuing operations was PHP 0.02 compared to basic earnings per share from continuing operations of PHP 0.06 a year ago.
CEMEX Holdings Philippines, Inc. is a Philippines-based vertically integrated heavy building materials company focused on four core businesses: cement, ready-mix concrete, aggregates and urbanization solutions. The Company's products and services include cement, services, sustainable construction and admixtures. The Company sells product types, such as portland-pozzolan blended cement (high strength), ternary blended cement and masonry cement. Its cement products include Rizal High Strength, APO High Strength, CEMEX Palitada King, Rizal Portland Ternary, APO Portland Ternary and APO Masonry. It offers a global end-to-end digital solution with CEMEX Go. Its Vertua brand is a portfolio of sustainable products. Its Rizal and Island branded products are mainly sold in Metro Manila and Southern Luzon. Its APO branded product is mainly sold in the Visayas and northern Mindanao regions. It has two cement plants with an aggregate installed annual capacity of around 5.7 million tons of cement.
CEMEX HOLDINGS PHILIPPINES, INC. 
