Grupo Industrial Saltillo, S.A.B. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 20, 2023 at 02:25 pm EDT
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Grupo Industrial Saltillo, S.A.B. de C.V. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 260 million compared to USD 242 million a year ago. Net income was USD 28 million compared to USD 2 million a year ago.
Grupo Industrial Saltillo SAB de CV (GISSA) is a Mexico-based company. The Company operates through three business divisions: Iron Foundry division, which manufactures blocks and iron heads for diesel and gasoline engines; the Construction division, which produces residential and industrial water heaters through gas and solar energy power, and the Houseware division, which designs, manufactures and markets a variety of tableware and kitchenwear products, as well as a line of electronic appliances. The Company operates through a range of subsidiaries, such as Servicios de Produccion Saltillo SA de CV, Manufactura Vitromex SA de CV, Industria Automotriz Cifunsa SA de CV, Gis Holding Inc, Calentadores de America SA de CV, as well as Automotive Components Europe SA, among others.
GRUPO INDUSTRIAL SALTILLO, S.A.B. DE C.V. 
