April 25, 2019 / 10:25 AM / 2 months ago

Mexico's Cemex posts more than 90 percent surge in quarterly profit

April 25 (Reuters) - Mexican cement producer Cemex SAB de CV on Thursday reported a more than 90 percent rise in quarterly profit, helped by higher prices and volume.

Net profit rose to $39 million in the first quarter ended March, from $20 million, a year earlier, while total net sales increased by 1 percent to $3.2 billion. (Reporting by Ankit Ajmera in Bengaluru; Editing by James Emmanuel)

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