Grupo México, S.A.B. De C.V. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended 30 September 2019
October 24, 2019 at 12:30 am EDT
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Grupo México, S.A.B. de C.V. reported consolidated earnings results for the third quarter and nine months ended 30 September 2019. For the quarter, Net sales were USD 2,793,883 against USD 2,594,524 reported a year ago. Operating income was USD 883,168 against USD 845,705 reported a year ago. Net Earnings was USD 337,757 against USD 362,138 reported a year ago.
For the nine months, Net sales were USD 8,045,986 against USD 7,928,219 reported a year ago. Operating income was USD 2,660,880 against USD 2,791,667 reported a year ago. Net Earnings was USD 1,520,472 against USD 1,383,702 reported 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. 
