Minera Frisco, S.A.B. de C.V. Announces Earnings Results for the First Quarter Ended March 31, 2019
April 29, 2019
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Minera Frisco, S.A.B. de C.V. announced earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported net sales of MXN 2,560.9 million against MXN 3,802.6 million a year ago. Operating loss was MXN 392.0 million against operating income of MXN 534.5 million a year ago. Net loss was MXN 438.0 million against net income of MXN 984.9 million a year ago.
Minera Frisco SAB de CV is a Mexico-based company engaged in the exploration and exploitation of mineral resources. The Companyâs main activities comprise the production and sale of lead-silver concentrates, zinc concentrates, copper concentrates, copper in cathode and gold and silver rods. The staged operations include the location, investigation and compilation of information in the prospective areas considered for possible existence of minerals; conducting detailed geological study in the prospective areas, and finally conducting exploration methods directly in the prospective areas as a result of the previous stages. The Company owns such subsidiaries as Minera CRA SA de CV, Minera CX SA de CV, Minera Tayahua SA de CV, Minera San Francisco del Oro, SA de CV, as well as Multiservicios de Exploracion Geologica Frisco, SA de CV, among others.
MINERA FRISCO, S.A.B. DE C.V. 
