Grupo Cementos De Chihuahua Sab De Cv Reports Earnings Results for the Third Quarter Ended September 30, 2019
October 21, 2019
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Grupo Cementos de Chihuahua SAB de CV announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was USD 301.653 million compared to USD 278.564 million a year ago. Operating income was USD 69.502 million compared to USD 63.739 million a year ago. Net income was USD 48.765 million compared to USD 42.820 million a year ago. For the nine months, total revenue was USD 705.545 million compared to USD 677.370 million a year ago. Operating income was USD 122.483 million compared to USD 132.853 million a year ago. Net income was USD 77.766 million compared to USD 42.174 million 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. 
