Industrias CH SAB de CV operates within the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Industrias CH SAB de CV with three other
steel companies in Latin America:
sales of 2.11 trillion Chilean Pesos [US$2.85 billion]
of which 68%
Corporacion Aceros Arequipa S.A.
(2.84 billion Peruvian Sols [US$712.98 million]
of which 64%
was Construction Bars and Wire), and
Grupo Simec SAB de CV
(35.96 billion Mexican Pesos [US$1.77 billion]
During the first
quarter of 2021, sales at Industrias CH SAB de CV totalled
14.54 billion Mexican Pesos.
an increase of 52.6%
from the 9.53 billion Mexican Pesos in sales at the company during the first quarter of 2020.
This was the largest same quarter increase in sales since the fourth
quarter of 2016.
During the year ended December of 2020, sales at
Industrias CH SAB de CV were 39.56 billion Mexican Pesos (US$1.94 billion).
increase of 4.8%
versus 2019, when the company's sales were 37.77 billion Mexican Pesos.
Despite this increase, sales are still
below the level achieved in 2018, when Industrias CH SAB de CV
reported sales of 41.18 billion Mexican Pesos.
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
151.3% in 2020, from
57.71 million Mexican Pesos to 145.04 million Mexican Pesos.
Industrias CH SAB de CV also saw significant increases in sales in
Corrugated (up 13.1% to 14.20 billion Mexican Pesos)
Commercial Steel (up 26.7% to 7.12 billion Mexican Pesos)
Structural Profiles (up 15.2% to 3.68 billion Mexican Pesos)
Not all segments of Industrias CH SAB de CV experienced an increase in sales in 2020:
sales of Pipelines fell 39.7% to 510.52 million Mexican Pesos.
(However, this segment's sales were only a very small portion of the company's overall sales).
Industrias CH SAB de CV also experienced decreases in sales in
Steel - Special (down 10.2% to 13.91 billion Mexican Pesos)