Cement News tagged under: Grupo Cementos Chihuahua
GCC posts 9% advance in 2Q earnings25 July 2024, Published under Cement NewsMexico-based GCC SAB de CV reported consolidated net sales down by one per cent to US$360.3m in the second quarter of 2024 from US$364.1m in the 2Q23. US cement and concrete prices increased by 5.3 and 8.1 per cent, respectively while in Mexico cement and concrete prices were up by 2.5 and 6.4 per cent, respectively. However, these increases were not able to offset falls in volumes. Cement volumes were down by 7.1 per cent both in the US and Mexico while concrete volumes saw a 14.3 p... |
GCC sees 16% rise in 1Q net sales27 April 2022, Published under Cement NewsGCC reported an 15.7 per cent advance in consolidated net sales to US$206.9m in the first quarter of 2022 when compared with the equivalent period of 2021. Operating income in the 1Q22 was 23.1 per cent higher at US$31.4m when compared with the 1Q21. In the 1Q22 EBITDA increased 10.2 per cent YoY to US$54.5m (1Q21: US$49.5m) with a margin of 26.4 per cent, down from 27.7 per cent in the 1Q21. However, net income dropped 14.3 per cent YoY to US$13.1m from US$15.3m in the 1Q21. As of 31... |
GCC signs wind power agreement with Black Hills Energy11 May 2020, Published under Cement NewsGrupo Cementos Chihuahua (GCC) has signed a power purchasing agreement (PPA) with Black Hills Energy to supply GCC’s Rapid City cement plant with half of its power requirements in the next 15 years. By choosing low-cost renewable energy resources to power our business, we’re able to advance our business goals and sustainability objectives while also supporting the expansion of affordable, renewable energy development in the region,” said Ron Henley, GCC’s US division president. “Clean ener... |
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