G Collado, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 05:43 pm EDT
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G Collado, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was MXN 3,216.022 million compared to MXN 1,626.266 million a year ago. Operating income was MXN 369.736 million compared to MXN 71.019 million a year ago. Net income was MXN 225.016 million compared to MXN 41.217 million a year ago. For the half year, sales was MXN 6,079.001 million compared to MXN 3,707.957 million a year ago. Operating income was MXN 678.361 million compared to MXN 129.240 million a year ago. Net income was MXN 419.768 million compared to MXN 42.253 million a year ago.
G Collado SAB de CV is a Mexico-based company primarily engaged in the steel industry. The Companyâs main activities comprise purchase and sale, as well as transformation and distribution of steel products, principally dedicated for the construction, industrial and commercial use. Its products portfolio includes industrial pipes, commercial profiles, sheets, plates, beams, panels, mesh, rods, wire rods, wire, nails, forecastles and rings, among others. The Company also offers additional steel processing services, such as cutting, forming, bending, assembling, rolling, printing, punching and shotblasting. It operates through Grupo Collado SA de CV, Coryer SA de CV and Acer-Mon SA de CV, among others.
G COLLADO, S.A.B. DE C.V. 
