G Collado, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
March 01, 2021 at 05:54 pm EST
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G Collado, S.A.B. De C.V. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was MXN 2,085.548 million compared to MXN 1,834.433 million a year ago. Operating income was MXN 72.442 million compared to operating loss of MXN 1.474 million a year ago. Net income was MXN 31.600 million compared to net loss of MXN 16.860 million a year ago. For the full year, sales was MXN 7,781.808 million compared to MXN 8,280.681 million a year ago. Operating income was MXN 332.477 million compared to MXN 194.124 million a year ago. Net income was MXN 129.394 million compared to MXN 18.663 million a year ago.
G Collado SAB de CV is a Mexico-based company primarily engaged in the steel industry. The Companyâs main activities comprise purchase and sale, as well as transformation and distribution of steel products, principally dedicated for the construction, industrial and commercial use. Its products portfolio includes industrial pipes, commercial profiles, sheets, plates, beams, panels, mesh, rods, wire rods, wire, nails, forecastles and rings, among others. The Company also offers additional steel processing services, such as cutting, forming, bending, assembling, rolling, printing, punching and shotblasting. It operates through Grupo Collado SA de CV, Coryer SA de CV and Acer-Mon SA de CV, among others.
G COLLADO, S.A.B. DE C.V. 
