Loma Negra Compañía Industrial Argentina Sociedad Anónima Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended Sept. 30, 2018
January 11, 2019 at 09:27 am
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Loma Negra Compañía Industrial Argentina Sociedad Anónima reported unaudited consolidated earnings results for the third quarter and nine months ended Sept. 30, 2018. For the nine months, the company reported net revenues from sales of ARS 15,421,825,073 compared to ARS 10,834,120,934 reported in the same period last year. Net income was ARS 844,584,883 against ARS 1,008,041,164 reported last year. Basic and diluted earnings per share was ARS 1.3529 against ARS 1.6353 reported last year.
For the quarter, the company reported net revenues from sales of ARS 6,131,089,705 compared to ARS 4,164,879,581 reported in the same period last year. Net income was ARS 118,013,225 against ARS 316,048,074 reported last year. Basic and diluted earnings per share was ARS 0.1691 against ARS 0.5218 reported last year.
Loma Negra Compania Industrial Argentina SA is an Argentina-based vertically integrated company active in the cement industry. It produces and distribute cement, masonry cement, aggregates, concrete, and lime, primarily used in private and public construction, to wholesale distributors, concrete producers, and industrial customers, among others. The Company operates five segments: Cement, masonry cement and lime Argentina, Cement Paraguay, Concrete, Aggregates, Railroad and Others. Cement, masonry cement and lime Argentina includes the cement, masonry cement and lime business in Argentina. Cement Paraguay includes the cement business in Paraguay. Concrete includes principally the production and sale of ready-mix concrete. Aggregates includes the production and sale of granitic aggregates. Railroad includes the provision of the railroad transportation service. Others includes the industrial waste treatment and recycling business to produce materials for use as fuel o raw material.
Loma Negra Compañía Industrial Argentina Sociedad Anónima Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended Sept. 30, 2018
LOMA NEGRA COMPAÑÍA INDUSTRIAL ARGENTINA SOCIEDAD ANÓNIMA 
