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Mexico's Cemex reports narrower third-quarter loss

Thursday, 24 Oct 2013 | 7:29 AM ET

MEXICO CITY, Oct 24 (Reuters) - Mexico's Cemex, one of the world's biggest cement companies, reported a smaller third-quarter loss on Thursday.

The Monterrey-based company said its loss had narrowed to $155 million from $203 million a year earlier.

Net sales rose 3 percent to $4 billion, while operating core profit, or earnings before interest, taxes, depreciation and amortization, was up 2 percent at $747 million, according to a preliminary statement.

Cemex did not immediately give comparable figures for sales and operating core profit in the year-earlier period.