Grupo Cementos De Chihuahua Sab De Cv Reports Earnings Results for the First Quarter Ended March 31, 2019
April 22, 2019
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Grupo Cementos de Chihuahua SAB de CV announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced total revenue was USD 163.424 million compared to USD 166.549 million a year ago. Operating income was USD 11.188 million compared to USD 25.846 million a year ago. Net income was USD 3.904 million compared to USD 11.312 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.