Financial Cemex profits drop 74% in Q3, announces cost cutting 14 December, 2020 SHARE THIS ARTICLE Share Tweet Post Email MOST READ Plant Expansions Alabama Cement plans low-carbon facility in Theodore, New facility to boost sustainable production April 24, 2025 Environment Holcim Hungary inaugurates solar power facility in Hungary site enhances clean energy commitment April 24, 2025 Cemex profits drop 74% in Q3, announces cost cutting Economic slowdown and nationalization of Venezuelan assets in August contributed to a 74% decline in profits for the third quarter this year, compared to the same period last year. Earnings fell to $200 million from $780 million in the year-earlier period. The company is looking to shave off $500 million of costs. ..To read the rest of this article, please login with your CW Group Single Sign-On first. If you do not already have a CW Group account, please register. Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline
