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Stock impact report

GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE TWELVE-MONTH PERIOD ENDED DECEMBER 31, 2023 AUDITED [Yahoo! Finance]

Grupo Simec, S.A.B. de C.V. American Depositary Shares (SIM) 
NASDAQ:AMEX Investor Relations: gsimec.com.mx/index.php?lang=en
Company Research Source: Yahoo! Finance
Twelve-Month Period Ended December 31, 2023 compared to Twelve-Month Period Ended December 31, 2022 Net Sales Net sales decreased 24% by the combination shipments of finished steel products and a lower average sales price by 21% compared the same period of 2022, the sales decreased from Ps. 54,159 million in the twelve-month period ended December 31, 2022 to Ps. 41,217 million in the same period of 2023. Shipments of finished steel products decreased 4% to 2 million 176 thousand tons in the twelve-month period ended December 31, 2023 compared to 2 million 255 thousand tons in the same period of 2022. Total sales outside of Mexico on the twelve-month period ended December 31, 2023 decreased 31% to Ps. 16,891 million compared with Ps. 24,515 million in the same period of 2022. Total sales in Mexico decreased 18% from Ps. 29,644 million in the twelve-month period ended December 31, 2022 to Ps. 24,326 million in the same period of 2023. The decrease of 4% in sales and to a lower aver Show less Read more
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