Grupo Cementos De Chihuahua, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 26, 2021
Share
Grupo Cementos de Chihuahua, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 286.715 million compared to USD 242.761 million a year ago. Operating income was USD 72.761 million compared to USD 53.500 million a year ago. Net income was USD 47.673 million compared to USD 33.160 million a year ago. For the half year, total revenue was USD 465.471 million compared to USD 424.161 million a year ago. Operating income was USD 98.249 million compared to USD 73.924 million a year ago. Net income was USD 63.001 million compared to USD 49.625 million a year ago.
GCC SAB de CV, formerly known as Grupo Cementos de Chihuahua SAB de CV, is a Mexico-based company primarily engaged in the construction materials sector. The Company foocuses on the production and marketing of cement and other related building materials. The Companyâs product portfolio includes Portland grey cements, ready-mixed concrete, gypsum, additives and limestone aggregates, as well as such prefabricated products as walls, architectural concrete blocks and paving stones, among others. The Company also offers technical support and assistance for the installation of its prefabricated structures. The Company operates in Mexico and the United States, through such subsidiaries as GCC Comercial SA de CV, GCC Concreto SA de CV, GCC Rio Grande Inc, GCC Dacotah Inc, GCC Alliance Concrete Inc, Mid Continent Concrete Inc and Consolidated Ready Mix Inc.