This post was originally published on this site
The company’s net profit reached $936 million.
Costs of sales hit $3.1 billion, up from the $2.4 billion in the previous year.
Ternium, which operates in Mexico, Brazil, Argentina, Colombia, the United States and Central America, posted a revenue of $4.4 billion, a 13% increase, as steel prices rose.
Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) for the three months through June climbed to $1.2 billion, down 14% from the same period a year before.
