Grupo México, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 27, 2021 at 09:45 am EDT
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Grupo México, S.A.B. de C.V. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 3,913.729 million compared to USD 2,408.380 million a year ago. Operating income was USD 2,073.105 million compared to USD 1,159.680 million a year ago. Net income was USD 1,026.661 million compared to USD 615.101 million a year ago. Basic earnings per share was USD 0.13 compared to USD 0.08 a year ago. For the half year, sales was USD 7,348.645 million compared to USD 4,858.258 million a year ago. Operating income was USD 3,922.786 million compared to USD 1,232.736 million a year ago. Net income was USD 2,123.731 million compared to USD 245.905 million a year ago. Basic earnings per share was USD 0.27 compared to USD 0.03 a year ago.
Grupo Mexico, S.A.B. de C.V. is a holding company. The Company's principal activities are in the mining-metallurgic industry, the exploration, exploitation and benefit of metallic and non-metallic ores, multimodal freight railroad service, and infrastructure development. The Company's business lines include Mining, Transportation and Infrastructure. Its Mining Division is represented by its subsidiary Americas Mining Corporation, whose subsidiaries are Southern Copper Corporation in Mexico and Peru, and Asarco in the United States. Its Transportation Division is represented by its subsidiaries Infraestructura y Transportes Mexico, S.A. de C.V. and Grupo Mexico Transportes S.A. de C.V. Its subsidiaries are Grupo Ferroviario Mexicano, S.A. de C.V., Ferrocarril Mexicano, S.A. de C.V., Ferrosur, S. A. de C. V., Intermodal Mexico, S.A. de C.V., and Texas Pacifico, LP, Inc. Its Infrastructure Division is represented by its subsidiary Mexico Proyectos y Desarrollos, S.A. de C.V.
GRUPO MÉXICO, S.A.B. DE C.V. 
