Cemex Holdings Philippines, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 15, 2021
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CEMEX Holdings Philippines, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was PHP 4,564.378 million compared to PHP 5,372.359 million a year ago. Operating income was PHP 289.449 million compared to PHP 233.357 million a year ago. Net income was PHP 226.966 million compared to PHP 404.899 million a year ago. Basic earnings per share from continuing operations was PHP 0.02 compared to PHP 0.08 a year ago. For the full year, sales was PHP 19,706.682 million compared to PHP 23,595.877 million a year ago. Operating income was PHP 1,777.308 million compared to PHP 2,350.164 million a year ago. Net income was PHP 985.114 million compared to PHP 1,279.598 million a year ago. Basic earnings per share from continuing operations was PHP 0.08 compared to PHP 0.25 a year ago.
CEMEX Holdings Philippines, Inc. is a Philippines-based vertically integrated heavy building materials company focused on four core businesses: cement, ready-mix concrete, aggregates, and urbanization solutions. The Company's products and services include cement, services, sustainable construction, and admixtures. The Company sells product types, such as portland-pozzolan blended cement (high strength), ternary blended cement, and masonry cement. Its cement products include Rizal High Strength, APO High Strength, CEMEX Palitada King, Rizal Portland Ternary, APO Portland Ternary, and APO Masonry. It offers a global end-to-end digital solution with CEMEX Go. Its Vertua brand is a portfolio of sustainable products. Its Rizal and Island branded products are sold in Metro Manila and Southern Luzon. Its APO branded product is sold in the Visayas and northern Mindanao regions. It has two cement plants with an aggregate installed annual capacity of approximately 5.7 million tons of cement.
CEMEX HOLDINGS PHILIPPINES, INC. 
