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Grupo Simec, S.A.B. de C.V. reports Q3 results

Oct. 26, 2023 2:32 AM ETGrupo Simec, S.A.B. de C.V. (SIM) StockBy: Meghavi Singh, SA News Editor
  • Grupo Simec, S.A.B. de C.V. press release (NYSE:SIM): Q3 net income of Ps. 1,802 million in the third quarter of 2023 compared to a net income of Ps. 987 million for the second quarter of 2023.
  • Shipments of finished steel products increased to 531 thousand tons in the third quarter of 2023 from 505 thousand tons in the second quarter of the same year.
  • Revenue of Ps. 9.45B (-6.6% Y/Y).

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