29
Apr
11:39
Mexico’s ICH posts strong results in first quarter
Mexican steel supplier Industrias CH (ICH) saw its main first-quarter indicators improve both sequentially and year-on-year, Kallanish notes.
The company reported a 35% increase in net profit in Q1 to MXN 2.96 billion ($145.7 million), compared to MXN 2.19 billion in Q4 last year. Profit was also 4% higher y-o-y.
Ebitda was up by 5% on-quarter in January-March to MXN 4.13 billion and 24% more compared to Q1 2021, the company says in its quarterly report.
Q…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous