Mexican steelmaker Industrias CH (ICH) saw its net profit in Q3 this year increase 274 percent, year-over-year, to MXN 3.93 billion ($188.78 million), the company said while releasing its quarterly results.
Net revenues in Q3 improved 51 percent, year-over-year, to MXN 15.91 billion ($76.3 million). ICH reported a gross profit of MXN 4.82 billion ($231.8 million), 131 percent up, year-over-year. EBITDA in Q3 totaled MXN 4.57 billion ($219.5 million), 128 percent up, year-over-year.
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