Compa??a Minera Autl?n, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 25, 2021 at 02:10 pm EDT
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Compa??a Minera Autl?n, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 124.52 million compared to USD 79.35 million a year ago. Net income was USD 12.94 million compared to net loss of USD 10.81 million a year ago. Basic earnings per share from continuing operations was USD 0.03778 compared to basic loss per share from continuing operations of USD 0.03204 a year ago. Diluted earnings per share from continuing operations was USD 0.03778 compared to diluted loss per share from continuing operations of USD 0.03204 a year ago.
For the nine months, sales was USD 315.05 million compared to USD 263.79 million a year ago. Net income was USD 6.19 million compared to USD 4.15 million a year ago. Basic earnings per share from continuing operations was USD 0.0183 compared to USD 0.01253 a year ago. Diluted earnings per share from continuing operations was USD 0.0183 compared to USD 0.01253 a year ago.
Compania Minera Autlan SAB de CV is a Mexico-based company primarily engaged in the mining, exploitation, production and sale of manganese ore and manganese ferroalloys. The Companyâs activities are divided into three divisions: Ferroalloys, Manganese and Energy. The Ferroalloys division is responsible for the manufacture of manganese ferroalloys for steel sector, including high, medium and low carbon ferromanganese, as well as silicomanganese, among others. The Manganese division focuses on manufacturing of manganese nodules, manganese carbonates, battery and ceramic grade natural manganese dioxides and manganous oxide. The Energy division generates energy through hydroelectric power plant. The Company operates through a number of subsidiaries, such as Autlan Metal Services SA de CV, which offers complementary products of the steel industry to its customers. The Company is owned by Autlan Holding SAPI de CV.
COMPAÑÍA MINERA AUTLÁN, S.A.B. DE C.V. 
