Corporación Moctezuma, S.A.B. de C.V. Reports Earnings Results for the Full Year Ended December 31, 2021
February 24, 2022 at 08:26 pm IST
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Corporación Moctezuma, S.A.B. de C.V. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was MXN 15,866.46 million compared to MXN 14,069.15 million a year ago. Net income was MXN 4,535.8 million compared to MXN 4,219.92 million a year ago. Basic earnings per share from continuing operations was MXN 5.19 compared to MXN 4.82 a year ago. Diluted earnings per share from continuing operations was MXN 5.19 compared to MXN 4.82 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.