Grupo Cementos De Chihuahua, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
February 19, 2020
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Grupo Cementos de Chihuahua, S.A.B. De C.V. Announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced total revenue was USD 228.570 million compared to USD 205.860 million a year ago. Operating income was USD 53.794 million compared to USD 28.642 million a year ago. Net income was USD 39.251 million compared to USD 22.863 million a year ago. For the full year, total revenue was USD 934.115 million compared to USD 883.230 million a year ago. Operating income was USD 176.277 million compared to USD 161.495 million a year ago. Net income was USD 117.014 million compared to USD 65.037 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. 
