Earnings at Mexico's ICH surge 44% in Q1

Mexican steel producer Industrias CH (ICH) saw its earnings grow by 44% in the first quarter of 2017, compared with the same period in 2016.

The company’s earnings before interest, taxes, depreciation and amortisation (Ebitda) reached 1.79 billion Mexican pesos ($94 million), up from 1.24 billion Mexican pesos ($65 million) in the January-March period of 2016, ICH said on Thursday April 27.
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Published

Felipe Peroni

April 28, 2017

19:27 GMT

São Paulo