Mexican steel service center Grupo Collado has increased its net loss in Q3 to MXN 19.3 million, from a MXN 15.8 million net loss registered a year ago, the company said in a filing at the nation’s stock exchange, Bolsa Mexicana de Valores (BMV).
According to the company, net revenues in Q3 rose 14.6 percent, year-on-year, to MXN 1.53 billion. Grupo Collado said EBITDA increased 38.6 percent, year-on-year, to MXN 52.5 million.