Grupo Lamosa, S.A.B. De C.V. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 04:46 pm EDT
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Grupo Lamosa, S.A.B. De C.V. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was MXN 6,087.355 million compared to MXN 4,404.006 million a year ago. Operating income was MXN 1,425.962 million compared to MXN 569.900 million a year ago. Net income was MXN 787.369 million compared to net loss of MXN 925.687 million a year ago.
Grupo Lamosa SAB de CV is a Mexico-based company engaged, through its subsidiaries, in the construction and real estate sectors. The Companyâs activities are structured into four business areas, namely Tiles and Flooring, Adhesives and Waterproofing, Sanitary Ware and Real Estate Development. The Tiles and Flooring area offers such brand names, as Porcelanite, Lamosa, Italica and Firenze Tecnoarte. The Adhesives and Waterproofing area operates through the Companies Crest, Perdura, Niasa and Solutek. The Sanitary Ware area operates through the Sanitarios Lamosa company. The Companyâs real estate operations include the acquisition, development and promotion of residential and non-residential properties. It operates through Ceramica San Lorenzo.
GRUPO LAMOSA, S.A.B. DE C.V. 
