AHMSA posts another net loss in Q1

Monday, 03 May 2021 00:27:07 (GMT+3)   |   Sao Paulo
       

Mexican integrated steelmaker Altos Hornos de Mexico (AHMSA) posted a net loss of MXN 2.65 billion ($131.7 million) in Q1 this year, compared to a net loss of MXN 5.21 billion ($258.5 million) in Q1 2020.

AHMSA posted an EBITDA loss of $27 million in Q1 this year, compared to a net loss of $122 million in Q1 2020. EBITDA is the only figure AHMSA reported in USD.

Net revenues in Q1 reached MXN 7.32 billion ($363.1 million), 10.2 percent down, year-over-year.

USD = MXN 20.15 (May 3)


Similar articles

AHMSA posts net loss for the third quarter

10 Nov | Steel News

AHMSA posts net loss for the second quarter of 2022

02 Aug | Steel News

Mexico’s AHMSA turns back to profit in full-year 2021

01 Mar | Steel News

Mexico’s AHMSA posts net profit in Q2

30 Jul | Steel News

AHMSA posts net loss in full-year 2020

02 Mar | Steel News

AHMSA reports larger net loss in Q3

03 Nov | Steel News

AHMSA posts significant net loss in Q2

29 Jul | Steel News

Mexico’s AHMSA sees net loss increase in Q1

09 Jul | Steel News

AHMSA reports weaker full-year 2019 results

28 Feb | Steel News

AHMSA posts third consecutive quarterly loss in 2019

29 Oct | Steel News