Grupo Cementos De Chihuahua, S.A.B. De C.V. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 04:08 pm EDT
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Grupo Cementos de Chihuahua, S.A.B. De C.V. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was MXN 178.756 million compared to MXN 181.400 million a year ago. Operating income was MXN 25.488 million compared to MXN 20.424 million a year ago. Net income was MXN 15.328 million compared to MXN 16.464 million a year ago. Basic earnings per share was MXN 0.05 compared to MXN 0.05 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.