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Lower expenses, higher forex gains boost Cemex Q3 profit

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Cement-maker Cemex Holdings saw a 761-percent improvement in its third quarter net profit to P623 million, from P72 million in the same period last year, as foreign exchange gains as well as lower operational and financial expenses made up for sluggish cement sales amid the prolonged coronavirus pandemic. For the nine-month period, Cemex recorded a […]

The post Lower expenses, higher forex gains boost Cemex Q3 profit appeared first on Inquirer Business.


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