Corporación Moctezuma, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MXN 4,949.57 million compared to MXN 4,087.97 million a year ago. Net income was MXN 1,587.51 million compared to MXN 1,019.3 million a year ago. Basic earnings per share from continuing operations was MXN 1.85 compared to MXN 1.17 a year ago. Diluted earnings per share from continuing operations was MXN 1.85 compared to MXN 1.17 a year ago.
For the nine months, sales was MXN 14,777.09 million compared to MXN 11,913.56 million a year ago. Net income was MXN 4,578.69 million compared to MXN 3,286.84 million a year ago. Basic earnings per share from continuing operations was MXN 5.32 compared to MXN 3.77 a year ago. Diluted earnings per share from continuing operations was MXN 5.32 compared to MXN 3.77 a year ago.
Corporacion Moctezuma SAB de CV is a Mexico-based company engaged, together with its subsidiaries, in the production, distribution and sale of cement and ready-mix concrete. The Company’s products portfolio includes a variety of compound Portland cements, white cement and mortar; as well as structural, antibacterial, marine, high resistance, architectural and light concretes, among others. In addition, the Company is active in the provision of such support services as technical assessment, concrete pumping and placement of industrial and decorative floors.
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Global
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ESG MSCI
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