Grupo México, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 25, 2021
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Grupo México, S.A.B. De C.V. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was USD 3,216.981 million compared to USD 2,634.663 million a year ago. Operating income was USD 1,921.028 million compared to USD 1,386.988 million a year ago. Net income was USD 1,274.373 million compared to USD 761.449 million a year ago. Basic earnings per share was USD 0.16 compared to USD 0.1 a year ago. For the full year, sales was USD 10,909.207 million compared to USD 10,680.649 million a year ago. Operating income was USD 4,670.873 million compared to USD 4,359.792 million a year ago. Net income was USD 2,302.327 million compared to USD 2,214.581 million a year ago. Basic earnings per share was USD 0.3 compared to USD 0.28 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. 
