Grupo Simec S A B De C V (SIM) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Grupo Simec S a b De C v   (NYSE: SIM)
    Sector  Basic Materials    Industry Iron & Steel
   Industry Iron & Steel
   Sector  Basic Materials

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Description of Grupo Simec S A B De C V's Business Segments


The registrant operates in three principal business segments organized geographically: the Mexican segment, which includes operations in Mexicali, Guadalajara, Tlaxcala, and San Luis Potosí; the U.S. segment, which historically encompassed Republic's operations and plants in the United States but ceased production in 2023 and remains inactive, reported separately due to ongoing expenses; and the Brazil segment, consisting of three plants, with one commencing operations in June 2015 and two consolidating operations in May 2018.




Annual Report on Grupo Simec S a b De C v Divisions, Sales by Country

 
Mexico   Mexico Segment contribution to total sales 60.23 % of total Revenue
USA   USA Segment contribution to total sales 5.88 % of total Revenue
Brazil   Brazil Segment contribution to total sales 33.9 % of total Revenue


Twelve months ended 2023
SIM s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Mexico 1,214.09 60.23 %
USA 118.44 5.88 %
Brazil 683.29 33.9 %
Total 2,015.82 100 %


Twelve months ended 2023
SIM s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Mexico 6,840.10 563.39 %
USA -981.71 -
Brazil 4,180.75 611.86 %
Total 209.43 10.39 %

Twelve months ended 2023
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Mexico -19.85 % -26.76 %
USA -58.8 % -
Brazil -19.75 % -16.94 %



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