Grupo Mexico Capitalizes Fury for Metals and Faces Low Rail Transport

Driven by the surge in international prices of copper, silver and zinc, Grupo México managed to close the first quarter of the year with upward financial results, despite the slowdown in other divisions. Germán Larrea’s mining company reported double-digit growth in sales, operational flow and net profit, consolidating its mining business as the main engine of the conglomerate. According to its financial report sent to the Mexican Stock Exchange…

The mining division of the company of Germán Larrea had positive results, while the transport sector recorded lows in both revenues and profits Juan Luis Ramos OEM-Reportex Grupo Mexico reported double-digit increases in its sales revenues and profits from the first quarter of the year. Germán Larrea’s company concluded the period January – March with an increase of 10.4 percent at annual rate in its sales, to total four thousand 195.5 million …