Corporación Moctezuma, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 07:25 am
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Corporación Moctezuma, 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 MXN 4,259.493 million compared to MXN 3,098.948 million a year ago. Operating income was MXN 1,757.997 million compared to MXN 1,325.832 million a year ago. Net income was MXN 1,236.010 million compared to MXN 864.809 million a year ago. For the half year, sales was MXN 8,200.897 million compared to MXN 6,360.901 million a year ago. Operating income was MXN 3,349.105 million compared to MXN 2,699.546 million a year ago. Net income was MXN 2,420.415 million compared to MXN 2,091.337 million a year ago.
Corporacion Moctezuma SAB de CV is a Mexico-based company engaged, together with its subsidiaries, in the production, distribution and sale of cement and ready-mix concrete. The Companyâs products portfolio includes a variety of compound Portland cements, white cement and mortar; as well as structural, antibacterial, marine, high resistance, architectural and light concretes, among others. In addition, the Company is active in the provision of such support services as technical assessment, concrete pumping and placement of industrial and decorative floors.