Cemex Colombia, the Colombian subsidiary of Mexican cement maker Cementos Mexicanos (Cemex), the third largest cement maker worldwide, posted net sales of US$263m, up 21 per cent year-on-year, it was reported on January 19, 2005. Cemex Colombia’s gross profit rose to US$160m, up 33 per cent. Cemex Colombia’s operating profit rose to US$120m, up 37 per cent. The company pointed out the higher energy costs as a negative factor, which reduced its profit. Published under Cement News
Cemex Colombia, the Colombian subsidiary of Mexican cement maker Cementos Mexicanos (Cemex), the third largest cement maker worldwide, posted net sales of US$263m, up 21 per cent year-on-year, it was reported on January 19, 2005. Cemex Colombia’s gross profit rose to US$160m, up 33 per cent. Cemex Colombia’s operating profit rose to US$120m, up 37 per cent. The company pointed out the higher energy costs as a negative factor, which reduced its profit. Published under Cement News
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