Industrias Peñoles, S.A.B. de C.V. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was USD 1,418.26 million compared to USD 1,469.98 million a year ago. Net loss was USD 16.97 million compared to net income of USD 254.66 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to basic earnings per share from continuing operations of USD 0.64 a year ago.
For the full year, sales was USD 5,971.81 million compared to USD 4,673.31 million a year ago. Net income was USD 391.35 million compared to net loss of USD 34.38 million a year ago. Basic earnings per share from continuing operations was USD 0.98 compared to basic loss per share from continuing operations of USD 0.09 a year ago.