Grupo Simec: Q4 Earnings Snapshot

GUADALAJARA, Mexico (AP) — GUADALAJARA, Mexico (AP) — Grupo Simec SAB de CV (SIM) on Monday reported net income of $30.6 million in its fourth quarter.

The Guadalajara, Mexico-based company said it had net income of 18 cents per share.

The steel producer posted revenue of $564.1 million in the period.

For the year, the company reported profit of $429.8 million, or $2.59 per share. Revenue was reported as $2.74 billion.


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