Mexico's Vitro first quarter net profit up sharply on higher sales

Mexican glassmaker Vitro SAB said its net profit grew to $21 million in the first quarter, up from $2 million a year earlier on higher sales and operating profit, according to a May 3 report in The Wall Street Journal.

Vitro, which is in the midst of a controversial debt-restructuring, said Monday its sales in the quarter grew 13 percent to $480 million, with flat glass sales up 3 percent, and glass containers sales 22 percent higher than in the first quarter of 2010, the report states.

600450 Mexico's Vitro first quarter net profit up sharply on higher sales
Date: 6 May 2011

See more news about:

Others also read

Proprietary laminate windows collect, store energy; convert it to electricityRIVIERA BEACH, FL – An innovative new patented technology transforms office building windows into "solar farms" and allows these structures to reuse collected energy and become self-sufficient in the event of a power outage.
DALLAS, Texas, December 22, 2011 /PRNewswire/ --ReportsnReports adds new market research report 'Solar Photovoltaic (PV) Power - Global Market Size, Installation Prices, Module Market Shares, Market Segmentation, Regulations and Key Country Analysis to 2020' to its store.
The University of Minnesota's historic Folwell Hall completed three years of extensive renovation, just time for the 2011 academic year.
Michael Gai has been named Vice President of Operations at Glass Doctor, following the recent promotion of Mark Liston to President.
We sincerely thank all our members, friends and visitors for being part of GlassOnWeb and its success during 2011.
COLUMBUS, Ohio – Dec. 19, 2011 – Safelite AutoGlass®, the nation’s largest provider of vehicle glass repair and replacement services with a fleet of 6,000, announced it will transition to Ford®.

Add new comment