Fortaleza Materiales, S.A.B. de C.V. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was MXN 3,315.8 million compared to MXN 7,468.31 million a year ago. Net income was MXN 436.51 million compared to net loss of MXN 414.65 million a year ago. Basic earnings per share from continuing operations was MXN 0.74 compared to basic loss per share from continuing operations of MXN 0.68 a year ago. Diluted earnings per share from continuing operations was MXN 0.74 compared to diluted loss per share from continuing operations of MXN 0.68 a year ago.
For the full year, sales was MXN 25,417.66 million compared to MXN 28,044.48 million a year ago. Net income was MXN 2,176.22 million compared to net loss of MXN 511.16 million a year ago.