Grupo Simec: Q4 Earnings Snapshot

GUADALAJARA, Mexico (AP) — GUADALAJARA, Mexico (AP) — Grupo Simec SAB de CV (SIM) on Tuesday reported net income of $77.9 million in its fourth quarter.

The Guadalajara, Mexico-based company said it had profit of 47 cents per share.

The steel producer posted revenue of $502.9 million in the period.

For the year, the company reported profit of $292.8 million, or $1.76 per share. Revenue was reported as $2.33 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIM at https://www.zacks.com/ap/SIM