Grupo Cementos De Chihuahua, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2019
July 22, 2019
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Grupo Cementos de Chihuahua, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was USD 240.468 million compared to USD 232.257 million a year ago. Operating income was USD 41.793 million compared to USD 43.268 million a year ago. Net income was USD 25.097 million compared to net loss of USD 11.958 million a year ago. For the half year, total revenue was USD 403.892 million compared to USD 398.806 million a year ago. Operating income was USD 52.981 million compared to USD 69.114 million a year ago. Net income was USD 29.001 million compared to net loss of USD 646,000 a year ago.
GCC SAB de CV, formerly known as Grupo Cementos de Chihuahua SAB de CV, is a Mexico-based company primarily engaged in the construction materials sector. The Company foocuses on the production and marketing of cement and other related building materials. The Companyâs product portfolio includes Portland grey cements, ready-mixed concrete, gypsum, additives and limestone aggregates, as well as such prefabricated products as walls, architectural concrete blocks and paving stones, among others. The Company also offers technical support and assistance for the installation of its prefabricated structures. The Company operates in Mexico and the United States, through such subsidiaries as GCC Comercial SA de CV, GCC Concreto SA de CV, GCC Rio Grande Inc, GCC Dacotah Inc, GCC Alliance Concrete Inc, Mid Continent Concrete Inc and Consolidated Ready Mix Inc.
GCC, S.A.B. DE C.V. 
