Vitro, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 27, 2021 at 09:29 am EDT
Share
Vitro, 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 USD 480.470 million compared to USD 298.504 million a year ago. Operating income was USD 22.621 million compared to operating loss of USD 63.113 million a year ago. Net loss was USD 7.984 million compared to USD 60.421 million a year ago. For the half year, sales was USD 954.837 million compared to USD 798.913 million a year ago. Operating income was USD 28.783 million compared to operating loss of USD 705,000 a year ago. Net loss was USD 8.264 million compared to net income of USD 72.103 million a year ago.
Vitro, S.A.B. de C.V. is a glass producer in Mexico. The Company, through its subsidiary companies, produces, processes, distributes and markets a range of glass products. It operates through two segments: Glass containers, which includes glass containers, precision components, as well as machinery and molds for the glass industry, and Flat glass, which includes flat glass for the construction and automotive industries, and carbonate and sodium bicarbonate. The Company's products include glass containers, float glass, automotive OEM glass, automotive replacement glass, machinery & equipment, and chemicals. It is also a supplier of raw materials, mold manufacturing, equipment and machinery, and equipment for industrial and chemicals. Through its Containers and Float Glass business units, it serves the cosmetics, perfume pharmaceutical, construction and automotive industries, as well as the chemical, machinery and equipment, and molds industries.
VITRO, S.A.B. DE C.V. 
