Cementos Molins posts profits for 2011 thanks to subsidiaries

Spanish cement firm Cementos Molins posted a consolidated profit of €24.3million in 2011. It was said to be mainly supported by its subsidiaries in Mexico and Argentina, which accounted for €31million and €27.4million respectively. In Spain the company lost more than €13million. Its subsidiaries in Tunisia and Bangladesh also presented negative results, as they lost €5.8million and €5.5million respectively.
May 24, 2012 Read time: 1 min

Spanish cement firm 4709 Cementos Molins posted a consolidated profit of €24.3million in 2011.

It was said to be mainly supported by its subsidiaries in Mexico and Argentina, which accounted for €31million and €27.4million respectively. In Spain the company lost more than €13million. Its subsidiaries in Tunisia and Bangladesh also presented negative results, as they lost €5.8million and €5.5million respectively.

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