Cemex nine-month loss widens to P1.2B

By Ed Paolo Salting

Oct 28, 2023 12:19 am

CEMEX Holdings Philippines Inc. (CHP) on Friday reported that losses in the first three quarters of 2023 had widened to P 1.2 billion from P819 million a year earlier due to lower operating earnings.

Net sales during the period declined to P13.50 billion from P15.80 billion because of reduced volumes, the cement manufacturer said in a disclosure.

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