Mexican integrated steelmaker Altos Hornos de Mexico (AHMSA) posted a net loss of MXN 2.65 billion ($131.7 million) in Q1 this year, compared to a net loss of MXN 5.21 billion ($258.5 million) in Q1 2020.
AHMSA posted an EBITDA loss of $27 million in Q1 this year, compared to a net loss of $122 million in Q1 2020. EBITDA is the only figure AHMSA reported in USD.
Net revenues in Q1 reached MXN 7.32 billion ($363.1 million), 10.2 percent down, year-over-year.
USD = MXN 20.15 (May 3)