Cemex Third-Quarter Net Profit Rises 55% to $407 Million
Cemex reported third-quarter net profit of $407 million, up from $264 million a year earlier, as sales and operating gains rose.
By Anthony HarrupMEXICO CITY--Building materials company Cemex posted a 55% increase in third-quarter net profit as sales grew and operating gains rose.Monterrey, Mexico-based Cemex reported profit of $407 million for the July-September period, up from $264 million in the year-earlier quarter and e…