Grupo Industrial Saltillo, S.A.B. de C.V. Reports Earnings Results for the Full Year Ended December 31, 2023
February 22, 2024 at 12:04 pm EST
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Grupo Industrial Saltillo, S.A.B. de C.V. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 1,032 million compared to USD 969 million a year ago. Net income was USD 17 million compared to USD 39 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. 
