Loma Negra Compania Industrial Argentina Sociedad Anonima (LOMA) has released an update.
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Loma Negra, the Argentine cement giant, reports a significant surge in net profits for the first nine months of 2024, doubling from the previous year despite a decline in net revenues. The company attributes this robust performance to effective cost management and favorable financial results, reflecting positively on its earnings per share. Investors might find this growth intriguing amid challenging market conditions.
For further insights into LOMA stock, check out TipRanks’ Stock Analysis page.
