Cemex, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 06:05 am EDT
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CEMEX, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 3,855.305 million compared to USD 2,902.598 million a year ago. Operating income was USD 502.074 million compared to USD 208.243 million a year ago. Net income was USD 269.942 million compared to net loss of USD 43.705 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to USD 0.01 a year ago. For the half year, sales was USD 7,266.335 million compared to USD 5,978.531 million a year ago. Operating income was USD 1,477.940 million compared to USD 425.341 million a year ago. Net income was USD 934.476 million compared to net loss of USD 1.537 million a year ago. Basic earnings per share from continuing operations was USD 0.6 compared to USD 0.01 a year ago.
Cemex SAB de CV is a Mexico-based operating and holding company primarily engaged, directly or indirectly, through subsidiaries, in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other globally provided construction materials. The construction-related services supply customers and communities in over 50 countries throughout the world. The Company operates in various locations, including Mexico, the United States, Europe, South America, Central America, the Caribbean, Asia, the Middle East and Africa. The cement production facilities are located in Mexico, the United States, Spain, Egypt, Germany, Colombia, the Philippines, Poland, the Dominican Republic, the United Kingdom, Panama, Puerto Rico, Thailand and Nicaragua. The Company is a supplier of aggregates, primarily the crushed stone, sand and gravel, used in various forms of construction.